HUF is a Body Corporate
HUF (Hindu Undivided Family) is not considered a body corporate. In legal terms, a body corporate typically refers to a legal entity created by law, such as a corporation, company, or organization, which has its own separate legal personality distinct from its individual members.
An HUF, on the other hand, is a specific type of family arrangement recognize under Hindu law in India. It is a joint family structure consisting of members who are connect by blood relationships and live together. While an Hindu Undivided Family is recognize as a separate legal entity for certain purposes, it does not possess the same attributes or characteristics as a body corporate.
The HUF has its own legal framework and is subject to specific laws and regulations regarding matters such as taxation, inheritance, and property rights. However, it does not have the same legal status or rights as a body corporate.
To visit: https://www.mca.gov.in/
