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Define karta in fifty words

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Define karta in fifty words

Posted by Meghna Tyagi 8 years, 3 months ago

CBSE > Class 11 > Business Studies

1 answers

Amrjt Chakma Chakma 8 years, 3 months ago

Karta is a head of the joint Hindu family business and all decision are taken by him only, his liability is unlimited but other members liability is limited. And the "Joint Hindu Family Business" is managed by the Marta himself only and no other members are managed but all the members get shares of profit of the business.

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