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[Cites 0, Cited by 0] [Section 18(4)] [Section 18] [Entire Act]

State of Madhya Pradesh - Subsection

Section 18(4)(i) in The Chit Funds (Madhya Pradesh) Rules, 1984

(i)where the security is other than immovable property, the value of the security shall not be less than one and a half times the value of the chit amount; and