Section 47 in The Chit Funds (Madhya Pradesh) Rules, 1984
47. Registrar's satisfaction regarding existence of a dispute.
- Where any reference of a dispute is made to the Registrar or any matter is brought to his notice, the Registrar shall on the basis of the reference (if any) made to him in Form XIX and the relevant records and statements submitted to him, record his decision together with the reasons therefor, whether he is or is not satisfied about the existence of a dispute within the meaning of Section 64. Such recording of decision shall be sufficient proof of the Registrar's satisfaction whether the matter is or is not a dispute as the case may be.
