squarely covers the dispute
between a foreman and a subscriber stipulating three
years period from the date on which the act or
omission with reference ... from 10.12.1988 on
which date the subscriber has defaulted 27th
instalment. In support of the contention, reliance was
placed upon paragraph No. 21, which reads
subscribers to the chit
fund, and Respondent No. 4 was also a subscriber. The
chit taken over by the 4th Respondent was guaranteed ... Similarly, the 5th
Respondent was also a subscriber who took over a chit;
however, both subscribers committed default in
repayment of the chit amounts
squarely covers the dispute
between a foreman and a subscriber stipulating three
years period from the date on which the act or
omission with reference ... from 10.12.1988 on
which date the subscriber has defaulted 27th
instalment. In support of the contention, reliance was
placed upon paragraph No. 21, which reads
initiate appropriate legal proceedings
against such defaulter.
IN WITNESS WHEREOF, the parties have set and
subscribed their respective hands, on the date and place
first
100048/2024
C/W CRL.P NO.102510/2023
fraudulently default in repayment of such deposits or in
rendering any specified service shall be punished ... aggregate funds collected from the
subscribers, members or participants in the Unregulated
Deposit Scheme. This is for fraudulent default in repayment
of such deposits
100048/2024
C/W CRL.P NO.102510/2023
fraudulently default in repayment of such deposits or in
rendering any specified service shall be punished ... aggregate funds collected from the
subscribers, members or participants in the Unregulated
Deposit Scheme. This is for fraudulent default in repayment
of such deposits
have subscribed their signatures to all the
covenants of deed of guarantee. They have agreed in clear
terms in case of default committed
auction and received the chit amount,
thereby, establishing that the appellants defaulted in paying the
same. By emphasising on Annexure-R4-the authorization letter ... with regard to 11
chits subscribed by the petitioners. It contains
details of the chit value, the group number,
defaulting dates, cheque details
auction and received the chit amount,
thereby, establishing that the appellants defaulted in paying the
same. By emphasising on Annexure-R4-the authorization letter ... with regard to 11
chits subscribed by the petitioners. It contains
details of the chit value, the group number,
defaulting dates, cheque details
auction and received the chit amount,
thereby, establishing that the appellants defaulted in paying the
same. By emphasising on Annexure-R4-the authorization letter ... with regard to 11
chits subscribed by the petitioners. It contains
details of the chit value, the group number,
defaulting dates, cheque details
