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[Cites 0, Cited by 0] [Section 4] [Entire Act]

State of Rajasthan - Subsection

Section 4(a) in Chit Funds (Rajasthan) Rules, 1989

(a)Where sanction for the commencement or conduct of a chit is refused. the reason for such refusal shall be recorded in writing a copy thereof shall be communicated to the applicant.