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 1] [Entire Act]

State of Tamilnadu - Section

Section 37 in Tamil Nadu Chit Funds Act, 1961

37. Inspection of chit books and records.

(1)
(a)The Registrar; or
(b)any officer authorized by the Director of chits in this behalf,
may inspect the chit books and all records after giving due notice in writing to the foreman.
(2)Every foreman shall be bound to produce the chit books and records before the Registrar or the officer authorized under sub-section (1) at the time and place mentioned in the notice and shall furnish such information to him as he may require:Provided that such inspection may he made at the premises of the foreman if he pays in advance such fees as may (sic).Provided further that if the foreman is a banking company as defined in the Banking Companies Act, 1949 (Central Act X of 1949), such inspection shall be made only at the premises of the company and only on a working day and such foreman shall pay such fees as may be prescribed for the inspection.