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State of Andhra Pradesh - Section

Section 23 in Andhra Pradesh Chit Funds Rules, 2008

23. Declaration by foreman:

- The application for release of security under sub-section (5) of section 20 shall contain a declaration separately signed by the foreman stating that the claims of all the subscribers have been fully satisfied and that all dues payable by the foreman under the Act to the Registrar or any other Officer have been fully paid.