Chit Funds Act, 1982Chit Funds Act, 1982Chit Funds Act, 1982
 
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Chit Funds Act, 1982- Index

 

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Chit Funds Act, 1982

  
 CHAPTER X - WINDING UP OF CHITS
48..Circumstances under which chits may be wound up
49.Application for winding up
50.Bar to winding up proceedings
51.Commencement and effect of winding up order
52.Injunction order
53.Powers of Registrar
54.Vesting of chit assets in Registrar or other persons
55.Suits, etc., to be stayed on winding up order
56.Notification of winding up order
57.Cessation of winding up proceedings on in solvency of foreman, etc., or the winding up of the company and transfer of such proceedings
58.Award of compensation to foreman
59.Right to appeal
60.Limitation
  
 CHAPTER XI - APPOINTMENT OF OFFICERS AND LEVY OF FEES
61.Appointment of Registrar and other officers
62.Inspection of documents is Registrars office
63.Levy of fees
  
 CHAPTER XII - DISPUTES AND ARBITRATION
64.Disputes relating to chit business
65.Period of limitation
66.Settlement of disputes
67.Procedure for settlement of disputes and powers of Registrar or nominee
68.Attachment before judgment and other interlocutory orders
69.Decision of Registrar or nominee
70.Appeal against decision of Registrar or nominee.money how recovered
71.Money how recovered
72.Private transfer of property after made issue of certificate void against man fore
73.Advisory rule of Reserve Bank
74.Appeals
75.Powers of Registrar to give extension of time for filing documents
76.Penalties
77.Penalty for second and subsequent convictions
78.Application of fine
79.Offences by companies
80.Cognizance of offences
81.Power to compound offences
82.Power to enter and search any place and to seize any documents
83.Officers to be public servants
84.Power to delegated
85.Act not to apply to certain chits
86.Banks not to conduct chit business
87.Power to exempt
88.Protection of action taken under the Act
89.Power to make rules
90.Repeal and saving
  
 SCHEDULE

 

Chit Funds Act

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