Chit Amount - Law Dictionary Search Results
Home Dictionary Name: chit amountChit amount
of a chit without any deduction of discount or otherwise chit funds act 1982 40 of 1982 s 2 d … chit amount means the sum total of the subscriptions payable by all
Chit
in such other manner as may be specified in the chit agreement be entitled to the prize amount explanation a transaction … alone but not all of the subscribers get the prize amount without any liability to pay future subscriptions or ii all
Prize amount
prize amount means the difference between the chit amount and the discount and in the case of a … payable otherwise than in cash the value of the prize amount shall be the value at the time when it becomes
Chit Fund Company
or supervising as foreman agent or in any other capacity chits as defined in s 2 of the chit funds act
Chit agreement
chit agreement means the document containing the articles of agreement between
Chit business
chit business means the business of conducting a chit chit funds
Prize chit
the period stipulated therein but does not include a conventional chit prize chits and money circulation schemes banning act 1978 43
Chit
bud of a plant a shoot a sprout as the chits of indian corn or of potatoes
Due amounts due
due amounts due an amount due normally refers to an amount which the creditor has
Principle amount
suit is principal amount for purposes of interest and not amount of loan originally advanced indian bank v m s kamalalaya
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