Legal Question in Banking Law in
Can a HUF become a partner in partnership firm ?Kindly confirm ,If yes then how can it be . Pls elaborate
Asked on 7/29/10, 12:36 am
1 Answer from Attorneys
J. Radhakrishnan
independent Practice
Only a karta can be a partner and not the entire HUF. HUF cannot as a whole become a partner as partnership is an association of individuals either human or a juristic entity like a company.
Answered on 7/29/10, 7:01 am
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