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Prize Chits and Money Circulation Schemes Banning Act 1978 Complete Act

Title: Prize Chits and Money Circulation Schemes Banning Act 1978

State: Central

Year: 1978

Matched in: Title Prize Chits and Money Circulation Schemes Banning Act 1978

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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

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Chit 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.—

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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

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Chit 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 … 1) The foreman shall, on the prized subscriber furnishing sufficient security for the due payment of future subscriptions, be bound to pay him the 5[net

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Chit Funds Act, 1982 Section 7

Title: Filing of chit agreement.—

State: Central

Year: 1982

Matched in: Title Filing of chit agreement.—

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Chit 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

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Chit 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,—

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Chit Funds Act, 1982 Section 61

Title: Appointment of Registrar and other officers.—

State: Central

Year: 1982

1) The State Government may, by notification in the Official Gazette, appoint a Registrar of Chits and as many Additional, Joint, Deputy and Assistant Registrars as may be necessary for the purpose of discharging

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Chit 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

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