What is the primary role of the Karta in a Hindu Undivided Family (HUF)?
What significant change regarding coparcenary rights was introduced by the Hindu Succession Amendment Act, 2005?
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In Hindu Law, what is the effect of a fraudulent partition?
Regarding the role and powers of Karta, consider the following statements:
i. Karta has absolute management powers.
ii. Karta can alienate family property only under legal necessity.
iii. Karta's decisions are binding on all family members unless malafide.
iv. Karta is required to maintain accounts of family property while the family is joint.
Under what circumstances can a Karta alienate joint family property?
Who is primarily responsible for managing the affairs of a Hindu Joint Family?
What is a key requirement for a reunion of family members under Hindu Law after a partition?
Under the Mitakshara system, identify the correct statement:
i. Coparceners acquire property rights at birth.
ii. Sons and daughters have equal rights as coparceners since 2005.
iii. The Doctrine of Survivorship still applies to property division.
How do the Dayabhaga and Mitakshara schools differ regarding coparcenary rights?
Under the Mitakshara Joint Family system, what right does a son have upon his birth?