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State of Kerala - Section

Section 18 in Kerala Chitties Act, 1975

18. Books to be kept by foreman.

- The foreman shall keep"
(1)a register containing
(a)the names and full address of the subscribers together with the number of shares held by each subscriber;
(b)the dates on which the subscribers signed the variola; and
(c)in case of assignment by a subscriber, the name and full address of the assignee with the date of the assignment and the date on which the assignment has been recognized by the foreman;
(2)a book containing the minutes of the proceedings mentioned in sub-section (1) of section 13;
(3)a ledger containing"
(a)the amount paid by the subscribers and the dates of such payments ;
(b)the amount paid to the prized subscribers with the dates of such payments ; and
(c)in case of deposit in bank, the date and amount of such deposit;
(4)such other books, including a day book, as may be prescribed from time to time by the Government.