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- Karta can sell HUF property without consent from other . . .
The Karta can sell, mortgage and alienate the joint assets of his Hindu Undivided Family (HUF) even if a minor member may have an undivided interest in it, the Supreme Court has ruled
- Kartas Powers: Supreme Court Ruling in N. S. Balaji Case
This includes the power to mortgage HUF property, even if a minor of the family has an undivided interest in the property This decision also protects the interests of the creditors who lend money to HUFs, as they can rely on the Karta’s power to mortgage HUF property to secure their loans
- Can Karta Sell HUF Property Without Consent? - lawbhoomi. com
Sridhar Sutar, where the Court held that a Karta can sell HUF property even if a minor coparcener has an interest in the property The Karta’s actions are presumed to be in the best interest of the family unless proven otherwise
- Supreme Court Rules Karta Can Alienate HUF Property Even If . . .
In a landmark judgment, the Supreme Court of India has ruled that the Karta of a Hindu Undivided Family (HUF) can alienate HUF property even if a minor has an undivided interest in it
- Karta of HUF can alienate HUF property even if minor has . . .
Sridhar Sutar has held that the Karta has the right to sell dispose of alienate an HUF property, even if a minor of the family has undivided interest The reason is that an HUF is capable of acting through its Karta or an adult member of the family in the management of the HUF property
- Karta Of Hindu Undivided Family Can Alienate HUF Property . . .
The Supreme Court has observed that a Karta of a Hindu Undivided Family (HUF) has the right to sell dispose of alienate an Hindu Undivided Family (HUF) property, even if a minor of the
- Protecting Minors Interests in Joint Family Property Sales . . .
Sections 6 and 12 of the Hindu Minority and Guardianship Act, 1956, exempt court approval when the Karta manages undivided minor shares in joint family property However, if the property is partitioned and the minor’s share is demarcated, court permission becomes mandatory
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