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Which of the following persons can give a discharge as contemplated by Sec. 7 of the Limitation Act:
Karta of a Hindu joint family.
Partner of a firm.
Both (a) and (b).
Only (b).
- Karta of a Hindu Joint Family: The Karta is the manager of a Hindu joint family and can legally represent the family in transactions, including giving a discharge under Section 7 of the Limitation Act.
- Partner of a Firm: A partner can act on behalf of the firm in legal matters, including discharges. This is because the acts of a partner bind the firm as per partnership principles.
- Option 3: Both the Karta and a partner are authorized to give discharges as per the Limitation Act, as they can legally represent their respective entities.
- Option 4: Only (b) suggests only a partner can do so, which is not entirely correct.
The correct answer is:
Option 3: Both (a) and (b).
By: santosh ProfileResourcesReport error
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