What happens to demat account of HUF on the death of Karta?

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

The death of the Karta requires major changes in the way HUF operates as Karta's personal identity is attached to all the accounts and assets held by HUF. The detail of this is provided in 'Death of Karta in HUF' section above.


Add a public comment...