regarding HUF & karta

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 June 2011 HI All,
I Want to know whther HUF can provide Loan to its karta.
PLEASE help as soon as possible.

Thanks

01 June 2011 yes, huf can provide loan to any member of huf.

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 June 2011 Thanks for reply,

But Sir,
IS any implicatin of Karta's unlimited liability becomes hurdel in providing the loan to karta from Reserve fund of HUF.




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