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There is no limit for membership in Joint Hindu family Business. (State with reason whether the given statement is true or false) |
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Answer» atement is True.i. In Joint Hindu Family, all members born in the family become member of the family by BIRTH and CEASES to be a member by death. It is governed by the Hindu SUCCESSION Act, 1956.ii. THUS, there is no specific number of members in a Joint Hindu Family business. Hence, there is no limit for MEMBERSHIP in Joint Hindu Family business. |
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