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Can HUF become partner in a Firm?

Can HUF become partner in a Firm?

Reply

HUF cannot become a partner in partnership firm. Under the Indian Partnership Act, 1932, a HUF is not a juristic person and it cannot enter into a valid partnership with any other person.

Posted Date: Dec 18, 2018

Can HUF become partner in a Firm?

Can HUF become partner in a Firm?

Reply

HUF cannot become a partner in partnership firm. Under the Indian Partnership Act, 1932, a HUF is not a juristic person and it cannot enter into a valid partnership with any other person.

Posted Date: Dec 18, 2018

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