How to operate bank account when Karta of the HUF dies?
Karta (Manager) of HUF has sole authority over the HUF account and also over every transaction on behalf of the HUF account, made by each member of the family. Therefore, it is necessary to appoint a new Karta to allow operation in the account after the death of the Karta to allow further operation in … Continue reading How to operate bank account when Karta of the HUF dies?
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