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S. Venkatachalam Vs. Secretary to Government of Tamil Nadu and Others

Court : Chennai

Subject : Company

Acts : Limitation Act, 1963 - Sections 12 and 12(2); Chit Funds Act, 1982; Chit Funds Rules, 1984

Reported in : [1999]95CompCas589(Mad)

against the award of the Deputy Registrar of Chits, an appeal is provided under section 70 of the Chit Funds Act, 1982, before the State Government. The petitioner presented the appeal on August 31, 1995. According to the petitioner, the … contends that the order passed by the first respondent is valid and no interference is called for. 11. Chapter XII-Disputes and arbitration provides the machinery for adjudication of disputes between the subscriber of a chit and a … respondents Nos. 3 and 4 to pay the claim with interest at 12 per cent. per annum. 6. As against the award of the Deputy

K.Periyasamy Vs. Shriram Chits Tamil Nadu Pvt. Ltd.

Court : Chennai

Subject : Land Acquisition

has repaid the chit amount for about 14 installments. Thereafter, the petitioner has committed default. Hence, under the Chit Funds Act, 1982, the matter has been referred to the Deputy Registrar of Chits. Notice has been issued to the petitioner. … proceedings in respect of any dispute referred to in sub section (1)." 12.Section 65 of the Chit Funds Act, 1982 is extracted hereunder: "65. Period … settle the dispute himself, or refer it for disposal to a person appointed by him (hereafter in this chapter referred to as the nominee) (2) Where any dispute is referred under sub-section (1) for settlement to the

Shriram Chits (Bangalore) Ltd. Vs. Sri Panchakshari and anr.

Court : Karnataka

Subject : CompanyCivil

Acts : Chit Funds Act, 1982 - Sections 68, 69, 70, 71 and 71(1); Co-operative Credit Societies Act - Sections 42 and 43; Indian Arbitration Act, 1899; Code of Civil Procedure (CPC) - Sections 31, 34, 38, 39, 42 and 151 - Order 21, Rules 6, 10 and 50

Reported in : ILR2006KAR498; 2006(6)KarLJ652

the chit agreement. In respect of the recovery of the dues, the petitioner initiated proceedings as provided under Chapter XII of the Chit Funds Act, 1982, before the Development Officer, Bantwal, who is the nominee for adjudication … recovery of the dues, the petitioner initiated proceedings as provided under Chapter XII of the Chit Funds Act, 1982, before the Development Officer, Bantwal, who … as follows:The petitioner M/s Shriram Chits (Bangalore) Ltd., Hampankatta Branch, Mangalore is a Chit Company registered under the Chit Funds Act, 1982. The subscriber viz., the principal debtor Sri Shyam Bhandary of Uppinangady was a member of the Chit Fund

Shriram Chits and Investments (P)ltd., T. Nagar Vs. M. Krishnan and Ot ...

Court : Chennai

Subject : CommercialLimitation

Acts : Chit Funds Act, 1982 -- Sections 65; Limitation Act, 1963 -- Sections 5, 12, 14 and 64; Chits Funds Act, 1982 -- Sections 65, 66 and 67; Tamil Nadu Chit Funds Act, 1961

Reported in : AIR2000Mad78; 1999(1)CTC238

to refer to the provisions of the Chit Funds Act, 1982 with respect to disputes and the arbitration. Chapter XII relates to disputes and arbitration. In terms of Section 64 notwithstanding anything contained in any other law … instituted proceedings under Section 64 which was presented on 22.7.1991.12. It is to be pointed out that the Chit Funds Act; 1982 (Central Act 40 of 1982) by which The Tamil Nadu Chit Funds Act, 1961 which was in force

Recovery Manager vs Biju.B.S.Nair

Court : Kerala

Subject : Land Acquisition

started before the commencement of the said Act. It has also been held therein that the provisions under Chapter XII of the Chit Funds Act, 1982 which deals with disputes and arbitration, and the forum for disputes … Act. It has also been held therein that the provisions under Chapter XII of the Chit Funds Act, 1982 which deals with disputes and arbitration, … defendants challengingthe maintainability of the suit on the ground that it is hit by Section 64 of the Chit Funds Act, 1982, which mandates that any dispute relating to the management of a chit business must be referred to the

P.J.Jose vs Angamaly Chittyfund Pvt. Ltd.

Court : Kerala

shall apply in respect of any chit started before the commencement of the said Act. The provisions under Chapter XII of the Chit Funds Act, 1982, which deals with disputes and arbitration, and the forum for disputes … started before the commencement of the said Act. The provisions under Chapter XII of the Chit Funds Act, 1982, which deals with disputes and arbitration, … had filed the above executionpetition against the petitioner to execute a decree that was passed under the Kerala Chit Funds Act, 1982. The petitioner contended that the decree is a nullity, as it is passed by a court lacking inherent

P.J.Jose, vs Angamaly Chittyfund Pvt Ltd.,

Court : Kerala

shall apply in respect of any chit started before the commencement of the said Act. The provisions under Chapter XII of the Chit Funds Act, 1982, which deals with disputes and arbitration, and the forum for disputes … started before the commencement of the said Act. The provisions under Chapter XII of the Chit Funds Act, 1982, which deals with disputes and arbitration, … had filed the above executionpetition against the petitioner to execute a decree that was passed under the Kerala Chit Funds Act, 1982. The petitioner contended that the decree is a nullity, as it is passed by a court without jurisdiction.

Rarichan vs Stanworth Chits Pvt. Ltd.

Court : Kerala

Act, 1982,nothing in the Chit Funds Act shall apply in commencement of the said Act. The provisions under Chapter XII of the Chit Funds Act, 1982, which deals with disputes and arbitration, and the forum for disputes … shall apply in commencement of the said Act. The provisions under Chapter XII of the Chit Funds Act, 1982, which deals with disputes and arbitration, … suit.3. The question whether the Civil Court hasjurisdiction to entertain a suit, falling within the purview of the Chit Funds Act, 1982 is no longer res integra, in view of the categoric declaration of law by a Division Bench of

Hi-Line Kuries Pvt Ltd vs Sukheesh

Court : Kerala

shall apply in respect of any chit started before the commencement of the said Act. The provisions under Chapter XII of the Chit Funds Act, 1982, which deals with disputes and arbitration, and the forum for disputes … the ground that it has no jurisdiction to entertain the suit in view of Section 64(3) of the Chit Funds Act, 1982.3. A Division Bench of this Court in O.P.(C)No.875/2020 and connected cases has held as follows:- “23. In view … OCTOBER 2022 / 18TH ASWINA, 1944 OP(C) NO. 3330 OF 2018ORDER DATED 12/11/18 IN I.A.NO.16351/18 IN O.S.NO.1002/2016 ON THE FILE OF 11ADDITIONAL MUNSIFF COURT, THRISSUR

New Millennium Kuris Pvt Ltd. vs Najeeb

Court : Kerala

holding that the Court has no jurisdiction to entertain the suit in view of Section 64(3) of the Chit Funds Act, 1982, the plaintiff has filed the original petition. The respondents are the defendants in the suit.2. When the original … shall apply in respect of any chit started before the commencement of the said Act. The provisions under Chapter XII of the Chit Funds Act, 1982,which deals with disputes and arbitration, and the forum for disputes resolution … THE MUNSIFF COURT, THRISSUR EXHIBIT P8 TRUE COPY OF THE PLAINT DATED 12-05-2018 FILED AGAINST UTHUP M.U AND OTHERS. EXHIBIT P9 TRUE COPY OF THE