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The Chit Funds Act, 1982

90 sections · 13 chapters · 1 schedules

- Section 38 Meetings of general body of subscribers.
Schedule 1 THE SCHEDULE

The Chit Funds Act, 1982

General1982Central Act

The Chit Funds Act, 1982

An Act to provide for the regulation of chit funds and for matters connected therewith.

Administered by Department of Financial Services· Ministry of Finance

13

Chapters

0

Parts

1

Schedules

90

Sections

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Chapter I— PRELIMINARY

Section 1
Section 2
Section 3

Chapter II— REGISTRATION OF CHITS, COMMENCEMENT AND CONDUCT OF CHIT BUSINESS

Section 4
Section 5
Section 6
Section 7
Section 8
Section 9
Section 10
Section 11
Section 12
Section 13
Section 14
Section 15
Section 16
Section 17
Section 18
Section 19

Chapter III— RIGHTS AND DUTIES OF FOREMAN

Section 20
Section 21
Section 22
Section 23
Section 24
Section 25
Section 26

Chapter IV— RIGHTS AND DUTIES OF NON-PRIZED SUBSCRIBERS

Section 27
Section 28
Section 29
Section 30

Chapter V— RIGHTS AND DUTIES OF PRIZED SUBSCRIBERS

Section 31
Section 32
Section 33

Chapter VI— TRANSFERS

Section 34
Section 35
Section 36
Section 37

Chapter VII— MEETINGS OF GENERAL BODY OF SUBSCRIBERS

Section 38

Chapter VIII— TERMINATION OF CHITS

Section 39
Section 40
Section 41
Section 42
Section 43

Chapter IX— INSPECTION OF DOCUMENTS

Section 44
Section 45
Section 46
Section 47

Chapter X— WINDING UP OF CHITS

Section 48
Section 49
Section 50
Section 51
Section 52
Section 53
Section 54
Section 55
Section 56
Section 57
Section 58
Section 59
Section 60

Chapter XI— APPOINTMENT OF OFFICERS AND LEVY OF FEES

Section 61
Section 62
Section 63

Chapter XII— DISPUTES AND ARBITRATION

Section 64
Section 65
Section 66
Section 67
Section 68
Section 69
Section 70
Section 71
Section 72

Chapter XIII— MISCELLANEOUS

Section 73
Section 74
Section 75
Section 76
Section 77
Section 78
Section 79
Section 80
Section 81
Section 82
Section 83
Section 84
Section 85
Section 86
Section 87
Section 88
Section 89
Section 90