Re: [aaykarbhavan] HUF Query

Dear

Marta can not change. Senior male family member will be karta till his death.

Regards

Vijay maniyar

On Nov 28, 2013 7:44 PM, "Sonali Shahi" <sonalishahi@yahoo.com> wrote:

 

Kindly Advice :

Can karta of HUF be changed? For example, say there is a HUF like AW HUF where AW is the karta and other members of HUF are Karta's wife and sons. 

Now, AW (Karta) wants to retire as Karta and one of his sons to become Karta of AW HUF.

It is to be noted that AW is still alive.

Thanks

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