What is the responsibility of the members of the joint Hindu family?
The Karta of the Hindu Joint Family is liable to maintain all the members of the joint family. All the members of the Joint Hindu Family have a right to maintenance and residence. If the Karta is unable to maintain them he can be sued for the same and the member can claim their arrears of maintenance.
What type of responsibility of the Karta of HUF is?
Manager – Property belonging to a joint family is ordinarily managed by the father or other senior member for the time being of the family: The Manager of a joint family is called Karta. In a HUF, the responsibility of Karta is to manage the HUF property. He is the custodian of the income and assets of the HUF.
What are the duties of a Karta?
It is so concluded that the karta holds the position of the manager or guardian in the Hindu Undivided Family. He does not acts as a trustee or agent. He not only holds the power of management but also to manage accounts, provide maintenance, enter into contracts, take loans or pay debts for which he has a wider power.
What are the powers and functions of Karta in Hindu joint family?
Has control over income and expenditure of family. He is authorized to spend for maintenance ,residence,education,marriage and other religious ceremonies of the coparceners and their family. So long as family remains joint ,no member can ask for any specified share in the income.
Who Cannot be a Karta?
2. Junior male member: In the presence of a senior male member, a junior male member cannot be the Karta. However, with the consent of all the coparceners, a junior male member can be appointed as a Karta.
What are unique qualities of Hindu joint family?
Joint family has the following features or characteristics.
- (1) Large in Size:
- (2) Joint Property:
- (3) Common Kitchen:
- (4) Common Residence:
- (5) Common Worship:
- (6) Similar rights and obligations:
- (7) Close blood ties:
- (8) Absolute power of the head:
Can female be a Karta?
The head of a HUF is called the Karta, he is the senior-most male member of the family. … Until January 2016, a woman could not be the HUF Karta. But in a landmark case, the Delhi High Court ruled in favour of a female being the Karta of a HUF. However, the same has not been incorporated in the Income Tax Act as yet.
Who becomes Karta in joint Hindu family?
The senior-most male member of the Joint Hindu Family is considered as the Karta of family and he has infinite powers and control over the business. But the main drawback is the unlimited liability associated with the position i.e. his personal assets can be used to payoff the debts, if need arises.
Can wife become Karta of HUF after death of husband?
It means they cannot become Karta as only coparceners are eligible to be Karta of HUF, but will get husband’s share in an estate after his death. However, wife can be the guardian of minors in HUF after husband’s death until the eldest child becomes a major.
Who can become Karta?
The word karta refers to the eldest male coparcener of a HUF. Post the 2005 amendment to the Hindu Succession Act, 1956, wherein equal coparcenary rights were granted to both sons and daughters of a coparcener, the eldest coparcener of an HUF can be regarded as the karta.
Can one person be Karta of 2 HUF?
Thus, it is possible a person can be Karta in two HUF. … Till your father’s HUF is partioned you can continue to be be the karta of the said HUF, if you are the eldest son otherwise the eldest son shall be the karta. So you can be karta for 2 HUFs.
Can a Karta of joint family gift Coparcenary property?
Usually, an individual Coparcener, including the Karta, lacks the capability to dispose of the joint family property without obtaining the consent of all other Coparceners. However, according to the Dharmashastra, any family member is empowered to alienate the joint family property.