TypeBare Act JurisdictionCentral Government Enacted1982

Chit Funds Act, 1982 Section 27

Non-prized subscribers to pay subscriptions and obtain receipts.—Every non-prized subscriber shall pay his subscription

Section Text

27. 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 Section 28 - foreman