Every non-prized subscriber shall pay his subscription due in respect of every instalment on the dates and times and at the places mentioned in the chit agreement and shall, on such payment, be entitled to obtain a receipt from the foreman.
Chit Funds Act, 1982 Section 27 - Bare Act |
| State | Central Government |
| Year | 1982 |
| Section Title | Non-prized Subscribers to Pay Subscriptions and Obtain Receipts |
Every non-prized subscriber shall pay his subscription due in respect of every instalment on the dates and times and at the places mentioned in the chit agreement and shall, on such payment, be entitled to obtain a receipt from the foreman.