hile both involve a group of people working together, they differ fundamentally in origin and governance.
| Basis | Partnership | Joint Hindu Family (HUF) |
| Creation | Arises from a Contract. | Arises from Status (Birth). |
| Governing Law | Indian Partnership Act, 1932. | Hindu Law. |
| Admission | New members added by consent of all. | Member added automatically by birth. |
| Management | Every partner has a right to manage. | Managed by the Karta (eldest member). |
| Liability | Liability of partners is unlimited. | Liability of Karta is unlimited; others are limited to their share. |
| Dissolution | Death of a partner usually dissolves it. | Death of a member does not dissolve the HUF. |
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