Chit Fund Act , the company has to deposit chit
amount with the Registrar of Chits and thereafter the chit has to be
conducted. The company ... application for subscription of chit and chit agreement. They bear the
name of the complainant but do not bear her signature. The signatures
are made
chit and that the
accused was also running unregistered chits apart from the registered
chits. It was elicited that there was no chit agreement between ... Chit Certificate dated 03.10.2017 issued by Asst.
Registrar, Chit Funds in respect of Chit Group
No.SK 2LG1.
Ex.D.9 Chit Agreements
Chit Funds Act, 1982 , as well as Clause-IX of the Chit Agreement to submit that, for each chit, the Foreman is entitled ... chit without discount;
(b) to such amount not exceeding five per cent. of the chit amount as may be fixed in the chit agreement
till realization as per the terms and conditions of the Chit
Agreements.
M/s Jawahar Chits (P) Ltd. v Atul Arora ... termination of chit period and
not from the date of default.
16. In the present suit, the Chit Fund agreement was
determined in March
Chennai Adyar Branch of Margadarsi Chits Private Limited.
(ii) The petitioner herein signed the Chit Agreement with Chennai
Adyar Branch, Chennai and also executed ... Chennai Adyar branch of Chit Company
through Vijayawada Branch of Chit Company. While being so, as per the
Chit agreement entered with the 1st respondent
Chennai Adyar Branch of Margadarsi Chits Private Limited.
(ii) The petitioner herein signed the Chit Agreement with Chennai
Adyar Branch, Chennai and also executed ... Chennai Adyar branch of Chit Company through
Vijayawada Branch of Chit Company. While being so, as per the Chit
agreement entered with the 1st respondent
Corporation .
14. On perusal of the Ex.P2 that is chit agreement,
Ex.P9 that is on demand promissory note ... accused has not denied the chit transaction with that of
the complainant. Though the accused has entered into
chit agreement on 24.02.2014 the accused continued
rules of Chit Funds Act such
12 CC.4749/2021 (J)
as application for subscription of the chit, chit agreement, receipts for
having paid installments ... governing Chit Funds. The Chit Funds Act, 1982 (hereinafter referred
to as the Chit Funds Act ). It provides for mandatory registration of chit
Funds companies
documents as per the rules of Chit Funds Act such
as application for subscription of the chit, chit agreement, receipts for
having paid installments ... governing Chit Funds. The Chit Funds Act, 1982 (hereinafter referred
to as the Chit Funds Act ). It provides for mandatory registration of chit
Funds companies
documents as per the rules of Chit Funds Act such
as application for subscription of the chit, chit agreement, receipts for
having paid installments ... governing Chit Funds. The Chit Funds Act, 1982 (hereinafter referred
to as the Chit Funds Act ). It provides for mandatory registration of chit
Funds companies