Can huf purchase and sale a property
This query is : Resolved
26 July 2011
1. can HUF purchase a property?
2. can HUF sales a property?
3. in 1 condition on whom name registry was done. on karta name or on huf name?
4. in 2 condition if HUF sales a property than on what does the name shown on cheque only personal name or full huf name. if only personal name is shown in cheque can it deposit in huf a/c or not?
2. can HUF sales a property?
3. in 1 condition on whom name registry was done. on karta name or on huf name?
4. in 2 condition if HUF sales a property than on what does the name shown on cheque only personal name or full huf name. if only personal name is shown in cheque can it deposit in huf a/c or not?
26 July 2011
1 & 2 : yes
26 July 2011
3: karta name.....
26 July 2011
4: huf name... cheque needs to be in name of huf
27 July 2011
but when registry will done by karta (i.e. x) than how person will paid cheque on the name of huf (i.e. x and son huf).
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