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[Cites 0, Cited by 1] [Section 10] [Entire Act]

State of Tamilnadu - Subsection

Section 10(2) in Tamil Nadu Chit Funds Act, 1961

(2)Such minutes shall state clearly -
(i)the date and hour when the proceedings began and ended and the place where the drawing was held;
(ii)the number of the particular instalment of the chit of which proceedings are recorded;
(iii)the names of the subscribers present;
(iv)the person or persons who become entitled to the prize amount in the particular instalment;
(v)the amount of discount;
(vi)full particulars regarding the disposal of the prize amount in respect of the preceding instalment and disposal of unpaid prize amount, if any, in respect of any previous instalment; and
(vii)any other particulars which may be prescribed.