juncture, it is
necessary to discuss the law governing Chit funds. The Chit Funds Act,
1982 (hereinafter referred to as the Chit Funds Act ... provide copy of the chit fund
agreement to all the subscribers, as per provisions of Section 10 of Chit
Funds Act. Most importantly, the subscribers
juncture, it is
necessary to discuss the law governing Chit funds. The Chit Funds Act,
1982 (hereinafter referred to as the Chit Funds Act ... chit fund or proposing subscriptions in a chit fund without
sanction. Also there is clear violation of Section 13 of the Chit Funds
Act
juncture it is necessary to
discuss the law governing Chit funds. The Chit Funds Act, 1982
(hereinafter referred to as the Chit Funds Act ... chit fund or
proposing subscriptions in a chit fund without sanction. Also there is
clear violation of Section 13 of the Chit Funds Act
juncture it is necessary to
discuss the law governing Chit Funds. The Chit Funds Act, 1982
(hereinafter referred to as the Chit Funds Act ... chit fund or
proposing subscriptions in a chit fund without sanction. Also there is
clear violation of Section 13 of the Chit Funds Act
juncture it is necessary to discuss the law
governing Chit Funds. The Chit Funds Act, 1982 (hereinafter referred
to as the Chit Funds Act ... chit
Funds or proposing subscriptions in a chit Funds without sanction. The
complainant and accused knew that running chit without compliance of
the Act
juncture it is necessary to discuss the law
governing Chit Funds. The Chit Funds Act, 1982 (hereinafter referred
to as the Chit Funds Act ... chit
fund or proposing subscriptions in a chit fund without sanction. The
complainant and accused knew that running chit without compliance of
the Act
juncture it is necessary to discuss the law
governing Chit Funds. The Chit Funds Act, 1982 (hereinafter referred
to as the Chit Funds Act ... chit
fund or proposing subscriptions in a chit fund without sanction. The
complainant and accused knew that running chit without compliance of
the Act
juncture it is necessary to discuss the law
governing Chit Funds. The Chit Funds Act, 1982 (hereinafter referred
to as the Chit Funds Act ... chit
fund or proposing subscriptions in a chit fund without sanction. The
complainant and accused knew that running chit without compliance of
the Act
juncture it is necessary to discuss the law
governing Chit Funds. The Chit Funds Act, 1982 (hereinafter referred
to as the Chit Funds Act ... chit
fund or proposing subscriptions in a chit fund without sanction. The
complainant and accused knew that running chit without compliance of
the Act
Chit fund Act. If such
claims are allowed it will encourage the illegal acts of the chit
company. Hence, he prayed to acquit the accused ... show that complainant has conducted chit
business in violation of the provisions of the chit funds Act.
Therefore, in the considered opinion of this Court
