What is meant by the term "co-parceners" ?
Prabeer (B. COM (H) CA & CS Final) (5484 Points)
27 December 2008
What is meant by the term "co-parceners" ?
1 Replies
Jeet Biswas
(ACMA (in Service))
(5073 Points)
Replied 27 December 2008
Co-parceners in a HUF, are only those maleswho are within 4 degrees in lineal descendent from the common male ancestor. The relevance of concept of coparcenary is that only coparceners can ask for partition. The other male/female family members; i.e, other than coparceners in a HUF, have no direct claim over HUF property, but can claim only through the coparceners.
Females are, by default, members & not Co-parceners.
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