Section 10(1)(a) in The Maharashtra Chit Funds Act, 1974
(a)alter, or add to, the provisions of the chit agreement in respect of all or any of the following matters, namely :-(i)the time at which or the place where the chit is to be conducted;(ii)the reduction of the chit amount;(iii)the continuance of the chit in accordance with the provisions of section 32;(iv)the suspension or prolongation of the chit; or(v)the termination of the chit;