LIABILITY OF PROPRIETOR FIRM IN NAME OF HUF. [ HOW IS KARTA ,COPARENCER AND MEMBER WILL BE LIABLE]

LIABILITY OF PROPRIETOR FIRM IN NAME OF HUF.

1) IN CASE OF LOSS ,
2)IN CASE OF ANY GOVT LIABILITY ,
3 )LOSS IN SHARE IN PARTNERSHIP IN WHICH KARTA IS PARTNER

EXAMPLE LOSS AMOUNT -10 LAC​​​​​​

NOTE : HUF DONT HAVE ANY PROPERTY OF ITS OWN BUT ONLY SMALL CAPITAL OF 100000 IN BANK SO HOW IS KARTA ,COPARENCER AND MEMBER WILL BE LIABILITY TO PAY ABOVE LIABILITY