Karta be partner ??
Sandeep (student) (216 Points)
02 March 2015Sandeep (student) (216 Points)
02 March 2015
CA. Abhishek K. Pandey
(Manager (Advance))
(901 Points)
Replied 03 March 2015
A woman can't be Karta in normal course.
Are you sure, there is no major male member?
The relation of partnership arises from contract and not from status; and, in
particular, the members of a Hindu undivided family carrying on a family business as
such, or a Burmese Buddhist husband and wife carrying on business as such are not
partners in such business.
So, it depends whether there is such a contrat between them or not.
Sandeep
(student)
(216 Points)
Replied 03 March 2015
Sandeep
(student)
(216 Points)
Replied 03 March 2015