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Write the name of form of …

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Write the name of form of business organizatio found only in India
  • 2 answers

Kshitij Jain 5 years, 2 months ago

JHFB

Yogita Ingle 5 years, 2 months ago

The form of "business organization" which is only found in India is the "Joint Hindu Family". The "Joint Hindu Family" is controlled under "Hindu Law" instead of a partnership. In this firm, a member can acquire "membership only by birth" or "by marriage" to a male person who is "already a member" of the "Joint Hindu Family". The matters of a "Joint Hindu Family" are empowered and directed by one person who is known as "Karta" or "Manager". The 'Karta' or 'Manager' is the "senior most male member" of the family.

 

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