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State of Kerala - Section

Section 13 in Kerala Chitties Act, 1975

13. Minutes of proceedings of drawing of chitty.

(1)The minutes of the proceedings of every drawing shall be kept in a book and shall be signed
(a)by the foreman and by at least two subscribers;and
(b)in cases where the prize amount is determined by auction, by the prize winner or his agent.
(2)The minutes mentioned in sub-section (1) shall state clearly"
(a)the date and hour when, and the place where, the proceedings began and ended;
(b)the number of the particular instalment of the chitty of which the proceedings are recorded;
(c)the names of the subscribers present;
(d)the person or persons who obtained the prize;
(e)the amount of discount; and
(f)full particulars regarding the disposal of the prize amount in respect of the preceding instalment and disposal of unpaid prize amount, if any, in respect of any previous instalment.