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Chit Funds Act, 1982 Complete Act
Title: Chit Funds Act, 1982
State: Central
Year: 1982
Matched in: Title Chit Funds Act, 1982
List Judgments citing this sectionChit Funds Act, 1982 Section 10
Title: Copies of chit agreement to be given to subscribers.—
State: Central
Year: 1982
Matched in: Title Copies of chit agreement to be given to subscribers.—
View Complete Act List Judgments citing this sectionChit Funds Act, 1982 Section 22
Title: Duties of foreman.—
State: Central
Year: 1982
subscriber furnishing sufficient security for the due payment of future subscriptions, be bound to pay him the 5[net chit amount]: Provided that the prized subscriber shall be entitled to the payment of the 5[net chit amount] without
View Complete Act List Judgments citing this sectionBrief the judgments behind these acts
Chit Funds Act, 1982 Section 20
Title: Security to be given by foreman.—
State: Central
Year: 1982
1) For the proper conduct of the chit, every foreman shall, before applying for a previous sanction under section 4,- 1 [(a) deposit in the name
View Complete Act List Judgments citing this sectionChit Funds Act, 1982 Section 7
Title: Filing of chit agreement.—
State: Central
Year: 1982
Matched in: Title Filing of chit agreement.—
View Complete Act List Judgments citing this sectionChit Funds Act, 1982 Section 40
Title: Termination of chits.—A chit shall be deemed to have terminated,—
State: Central
Year: 1982
Matched in: Title Termination of chits.—A chit shall be deemed to have terminated,—
View Complete Act List Judgments citing this sectionChit Funds Act, 1982 Section 39
Title: Provision for continuation of chits in certain cases.—
State: Central
Year: 1982
1) Where a foreman dies or becomes of unsound mind or is otherwise incapacitated, the chit may continue in accordance with the provisions of the chit agreement. (2) Where a foreman is adjudicated an
View Complete Act List Judgments citing this sectionChit Funds Act, 1982 Section 60
Title: Limitation.—
State: Central
Year: 1982
1) Where an order refusing to wind up a chit has been made under this Act, the chit shall be deemed to have been under suspension from the
View Complete Act List Judgments citing this sectionChit Funds Act, 1982 Section 54
Title: Vesting of chit assets in Registrar or other persons.—On the making of an order for the winding up of a chit, all the
State: Central
Year: 1982
Matched in: Title Vesting of chit assets in Registrar or other persons.—On the making of an order for the winding up of a chit, all the
View Complete Act List Judgments citing this sectionChit Funds Act, 1982 Section 21
Title: Rights of foreman.—
State: Central
Year: 1982
1) The foreman shall be entitled,- (a) in the absence of any provision in the chit agreement to the contrary, to obtain the 2[gross chit amount] at the first instalment without deduction of the
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