Shakarpur
U/s. 420/406/34 IPC ,
sec. 4 , 5 Prize Chits & Money Circulation Schemes (Banning) Act
State v. Banarasi Dass ... section 2(a) the Act,
a "conventional chit" means a transaction whether called chit, chit
fund, kuri or by any other name
chit
agreement, be entitled to a prize amount.
20. Thus, the Act clearly prohibits the conduct of prize chits but
conventional chits are excluded from ... prize chit the members can
join/subscribe the chit at an intermediate stage and may still win the
prize chit without paying the same subscription
Under Section : 420/406/34 IPC and Section 4 of the Prize Chits
and Money Circulation Schemes (Banning) Act,
1978.
Unique Computer ID Number : 425066 ... complained of : 420/406/34 IPC and Section 4
of the Prize Chits and Money
Circulation Schemes (Banning)
Act, 1978.
e) Plea of the accused
Indian Penal Code, sections
4 / 5 / 6 of the Prize Chits and Money Circulation Schemes
(Banning) Act, 1978 (hereinafter >1978 Act?) and section ... been
enacted "to ban the promotion or conduct of prize chits and
money circulation schemes and for matters connected therewith
and incidental thereto
Sections 34 and 36 of IPC, Sections 4
and 5 of Prize Chits and Money Circulation Scheme
(Banning) Act and Section 9 of KPID ... Sections 34 and 36 of IPC, Sections 4
and 5 of Prize Chits and Money Circulation Scheme
(Banning) Act and Section 9 of KPID
alleging commission of
offences under Sections 3 , 4 and 5 of Prize Chits and
Money Circulation Schemes (Banning) Act, 1978 and
Sections 420, 114 read ... petitioner that petitioner herein
was a member of the prize chit. Under the said
circumstances, registration of FIR against the petitioner
and other accused under
carried prize chitties with
false promises in violation of the Prize Chits Act,
and after a crime was registered against him, it
was found that ... contended that these petitioners
were carrying on various prize chitties in
violation of the Prize Chits Act and they have
defrauded substantial sum from
Depositors Interest Act,
2005 and under Sections 4 & 5 of Prize Chit
Fund and Money Circulation Scheme
Prohibition Act, 1978.
Date of Arrest ... under
Sections 3, 4 & 5 of Prize Chit Fund and
Money Circulation Scheme Prohibition Act,
1978.
Date of Arrest
Depositors Interest Act,
2005 and under Sections 4 & 5 of Prize Chit
Fund and Money Circulation Scheme
Prohibition Act, 1978.
Date of Arrest ... under
Sections 3, 4 & 5 of Prize Chit Fund and
Money Circulation Scheme Prohibition Act,
1978.
Date of Arrest
Depositors Interest Act,
2005 and under Sections 4 & 5 of Prize Chit
Fund and Money Circulation Scheme
Prohibition Act, 1978.
Date of Arrest ... under
Sections 3, 4 & 5 of Prize Chit Fund and
Money Circulation Scheme Prohibition Act,
1978.
Date of Arrest
