TypeBare Act JurisdictionCentral Government Enacted1982

Chit Funds Act, 1982 Section 32

Prized subscriber to pay subscriptions regularly.—Every prized subscriber shall pay his subscriptions regularly on the

Section Text

32. Prized subscriber to pay subscriptions regularly.—Every prized subscriber shall pay his subscriptions regularly on the dates and times and at the place mentioned in the chit agreement and, on his failure to do so, he shall be liable to make a consolidated payment of all the future subscriptions Section 33 - forthwith