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What is the meaning of Joint Hindu Family Business? - Commerce

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प्रश्न

What is the meaning of Joint Hindu Family Business?

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उत्तर

The Joint Hindu Family Business is a distinct form of organisation peculiar to India. Joint Hindu Family Firm is created by the operation of law. It does not have any separate and distinct legal entity from that of its members.

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अध्याय 5: Hindu Undivided Family and Partnership - Exercises [पृष्ठ ४५]

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सामाचीर कलवी Commerce [English] Class 11 TN Board
अध्याय 5 Hindu Undivided Family and Partnership
Exercises | Q III. 1. | पृष्ठ ४५
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