Tag Archives: #HUFForbiddenAsCollaborativePartnershipBusinessPartner

Why HUF cannot be a partner?

Why HUF cannot be a partner In general, a Hindu Undivided Family (HUF) cannot be a partner in a partnership firm. This is because a partnership requires individual members to form a contractual relationship with other individuals or entities. Since an HUF is considered, a collective entity comprising of family members, it lacks the legal… Read More »