MULTIPLE HUF VALID IN PAST ?

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This query is : Resolved

Javid Shaikh (Querist)

31 July 2021 A Person create multiple HUF. Example as under
Rajkumar Gupta create own huf in 1985 like "Rajkumar HUF".
and He is another make huf with his wife name Karunadevi Gupta and her huf name "Rajkumar Karunadevi HUF" in 1994 & same period 3rd make huf with minor son (16 year ) Sonukumar Rajkumar Gupta and HUF name is "Rajkumar Sonukumar HUF"

Please guide me , how is possible to make this types of HUF.
Rajkumar is karta in "Rajkumar HUF" but i want to know that whose is karta in case of "Rajkumar karunadevi HUF" & "Rajkumar Sonukumar HUF" and whose is coparcener in wife and son case.

Actually all three huf have bank account but There no transaction made in long time so this account automatically being convert government account.
I want to withdrawal my money i have to prove with huf declaration in bank.

Dhirajlal Rambhia online

Dhirajlal Rambhia

(Expert)

27 August 2021 A family can have only one HUF. As such first HUF is legally valid. Other two have no legal existence. Check with bank for the procedure to liquidate the HUFs' with consent of all the signatories as existed in their record.

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