1) HUF - FEMALE MEMBER WIFE OF KARTA IS Coparcener or member
2) what is difference between Coparcener or member
3) Liability of Coparcener or member [ is it limited or unlimted]
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HUF - FEMALE MEMBER WIFE OF KARTA IS Coparcener or member
Replies (4)
Only males including daughters & grand daughters are recognised as coparceners of the HUF and all the other females are called members.
Wife of karta is member.
All the coparceners are members but vice-versa is not true.
Wife of karta is member.
All the coparceners are members but vice-versa is not true.
Liability of Coparcener or member [ is it limited or unlimted]
They all Coparceners and members are severally and individually liable for all debts. Not limited liability.
Https://www.caclubindia.com/forum/liability-of-proprietor-firm-in-name-of-huf-how-is-karta-coparencer-and-member-will-be-liable--534900.asp
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