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State of Rajasthan - Section

Section 17 in Chit Funds (Rajasthan) Rules, 1989

17. Form of minutes of proceedings.

- The minutes of proceeding of every draw shall, in addition to the particulars specified in sub-section (2) of section 17, contain full particulars of the following points, namely:-
(a)Particulars of deposit, if any, of the prize amount under subsections (1) and (2) of section 22 since the date of the previous draw;
(b)Particulars of deposit, if any, of money under sub-section (1) of section 30 and sub-section (4) of section 33 since the date of the previous draw;
(c)Amount withdrawn from the approved bank (the name of the bank to be specified) and the purpose for which the amount was withdrawn since the date of the previous draw;
(d)How the prized subscriber was ascertained according to the terms of the chit agreement and particulars of ticket and prize amount. If the ascertainment of the prized subscriber related to a fraction of a ticket, particulars in respect of each such fraction shall be entered;
(e)Full particulars of the commission paid to the foreman and the amount of dividend assigned to each subscriber;
(f)Names of subscribers or their authorised agents who bid at drawing, their ticket number and signatures.