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State of Maharashtra - Section

Section 19 in The Maharashtra Chit Funds Rules, 1976

19. Declaration by Foreman.

- An application for release of security under sub-section (5) of section 13 shall contain a declaration separately signed by the Foreman stating that 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 paid.