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TypeBare Act JurisdictionCentral Government

Chit Funds Act, 1982 Section 50

Bar to winding up proceedings.—Notwithstanding anything contained in sections 48 and 49, no petition for the winding up

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https://sooperkanoon.com/act/449370

Bare act section · Research

About this section

Chit Funds Act, 1982 Section 50 is part of Chit Funds Act, 1982 - Bar to winding up proceedings.—Notwithstanding anything contained in sections 48 and 49, no petition for the winding up. Read the section text below and explore Indian court judgments that cite it.

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Section Text

(a) if proceedings relating to insolvency are pending against the foreman; or (b) where the foreman is a firm, if proceedings relating to insolvency are pending against all the partners or all the partners except one thereof, or proceedings for the dissolution of the firm are pending; or (c) where the foreman is a company or co-operative society, if proceedings for the winding up of Section 51 - such company or co-operative society are pending

Frequently asked questions

What does Chit Funds Act, 1982 Section 50 provide?

Section Section 50 of the Chit Funds Act, 1982 (Bar to winding up proceedings.—Notwithstanding anything contained in sections 48 and 49, no petition for the winding up) is reproduced on this page as part of the Chit Funds Act, 1982. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Chit Funds Act, 1982 Section 50?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Chit Funds Act, 1982 Section 50. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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