In a joint Hindu family, the Karta is the head of the family and has significant power and authority over family affairs.
However, with great power comes great responsibility, and the Karta also has certain liabilities that come with their position.
Some of the Key Liabilities and Powers of the Karta in a Joint Hindu Family
Liabilities of Karta
- Management of family property: One of the primary responsibilities of the Karta is to manage the family’s property and assets. This includes ensuring that the property is well-maintained, that taxes and other obligations are paid on time, and that family members are using the property appropriately.
- Debts and obligations: The Karta is responsible for any debts or obligations incurred by the family. This means that they are liable for any debts that the family may owe, and they must ensure that these debts are paid in a timely manner.
- Legal liabilities: The Karta is also responsible for any legal liabilities that the family may incur. This includes any lawsuits or legal disputes that may arise, and the Karta may be held personally liable if the family is found to be at fault.
Powers of Karta
- Decision-making authority: The Karta has the authority to make decisions on behalf of the family. This includes making decisions about family finances, property management, and other important matters.
- Control over family assets: The Karta has the power to control and manage the family’s assets, including property, investments, and other financial resources.
- Dispute resolution: The Karta has the authority to resolve disputes within the family, including disagreements between family members or disputes related to family property.