Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 54] [Entire Act]

NCT Delhi - Subsection

Section 54(1) in The Madras Chit Funds Act, 1961

(1)Any foreman aggrieved by an order of the Registrar-
(a)refusing to register the bye-laws of a chit under sub-section (1) of Section 3;
(b)refusing to grant a certificate of commencement under sub-section (2) of Section 7;
(c)refusing to accept the security under Clause (a) of sub-section (1) of Section 12 or under Section 23; or
(d)refusing to release the property charged by way of security or to order the release of the cash security or the Government securities under sub-section (4) or sub-section (5) of Section 12;
may, within thirty days of the communication to him of such order; appeal to the Director of Chits;