Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

nlr (na)     07 February 2010

Kartha HUF retired from firm and subsequently died

 X  in his capacity as Kartha of HUF was partner in a firm and he retired with a share of immovable asset of the firm. X died a few years later leaving behind his wife and two married daughters. X's family has a succession certificate stating wife and 2 daughters as legal heirs.

 A release deed is to be executed between the two existing parters in the said firm and the late partner X. Whom will they release it to since X is no longer alive?



Learning

 0 Replies


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register