14 January 2012
While making partiton of the assets of Huf,is it necessary to distribute all the assets equally among all the members including female member(my wife) or can I give more share to one of the members?
14 January 2012
On the partition of HUF, where member has a equal right of assets. however when a member of huf give a consent to alot his/her share of property to other member then only the proportion can be differed. After written consent of all other members of HUF you can alot more to your wife.