Authorization Letter/ Resolution by HUF
This query is : Resolved
16 July 2022
Hello Sir,
If HUF purchases any property on lease than what legal formalities it has to fulfill, is it same as of company. Do HUF has to pass any resolution or just authorization letter is sufficient to further deal .
If HUF purchases any property on lease than what legal formalities it has to fulfill, is it same as of company. Do HUF has to pass any resolution or just authorization letter is sufficient to further deal .
16 July 2022
No resolution, just authorization to Karta is sufficient.
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