what is the role of karta

Dear Student,

In a 'Hindu Undivided Family', role of karta includes managing the entire business, obtaining loans through mortgage, making decisions etc. He has an unlimited liability for the business losses of the HUF, that is, his liability extends to his private property. 

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  • 10
Karta is the head of the family business and takes all decisions.
But he is also the only member to have unlimited liability.
  • 2
Karta is the head of the family business and takes all decisions.
But he is also the only member to have unlimited liability.
  • 4
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