Tag Archives: #HUFvsAOP

HUF or AOP?

HUF and AOP   HUF (Hindu Undivided Family) and AOP (Association of Persons) are different legal entities with distinct characteristics and purposes. Here’s a brief explanation of each: 1. HUF (Hindu Undivided Family): HUF is a legal entity recognized under Hindu law in India. It is forme by a group of family members who are… Read More »

HUF requirements?

HUF Requirement HUF Requirement, To form a Hindu Undivided Family (HUF), there are certain requirements that need to be fulfilled. Here are the key requirements: Common Ancestor: The HUF must have a common ancestor who acts as the root of the family lineage. This can be the eldest male member of the family. Lineal Descendants: The… Read More »