HUF under Hindu Succession Act
Uma Shankar
(Querist) 27 November 2009
This query is : Resolved
After death of Karta in HUF to who property will go?
A V Vishal
(Expert) 27 November 2009
After the death of the karta the property is fully partitioned between the co-parceners who in turn form their respective HUF's.
Sachin Bhatia
(Expert) 27 November 2009
To all the members of HUF.
niranjan
(Expert) 27 November 2009
Tobe Karta of family has nothing to do with the property.Karta is merely administering the family affairs.So far the property is concerned it will pass according to the nature of the property.
Vineet
(Expert) 03 December 2009
I agree with Mr Niranjan.
After death of Karta, the property will continued to be owned by the HUF and a new Karta will be appointed, unless there is a partition of HUF.