If Karta dies in a joint Hindu family business, what happens to the bu – InterviewSolution

1.	If Karta dies in a joint Hindu family business, what happens to the business?
Answer» The business continues to run in case of death of Karta or any other member of the family. The next eldest member takes up the position of Karta, making the business stable. The business can, however, be terminated with the mutual consent of the members on their declaration that they are no longer a part of Joint Hindu family business.

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