Section 2(e) of Prize Chits & Money Circulation
Schemes (Banning) Act, "prize chit" includes any transaction or
arrangement by whatever name called ... definition which reeks
of simplicity, it runs like this: Prize chit includes a scheme by which a
person in whatever name collects moneys from individuals
read with Sections 4 , 5 and 6 of the Prize Chits and Money Circulation Schemes (Banning) Act, 1978, Section 15 of Indian Medical Council ... Money Circulation Scheme which is banned under the Prize Chits and Money Circulation Schemes (Banning) Act, 1978 (Central Act 43/1978) and the case does
Latha, the petitioner [A1] was running various unauthorised and unregistered Chit Schemes and Prize money Schemes between 2010 and 2012 and had collected money from ... Hema Bindhu is that, K.R.Latha was running unauthorised chits, prize money schemes from 2010 to 2012 and during that period has collected money
Sections 4 and 5 of the Prize
Chits and Money Circulation Schemes (Banning) Act 1978 and imposed a
punishment of three years simple imprisonment ... compensation/fine
amount under Section 4 of the Prize Chits and Money Circulation Schemes
(Banning) Act 1978 and in default of payment of fine
Prize Chits & Money Circulation Scheme
Act.
2 CC.NO.20279/2012
2. The brief facts of the prosecution case are as under :
That ... Prize Chit & Money Circulation Scheme Act.
3. On perusal of the records it appears that accused was
arrested during the course of investigation. After
Suddagunte
palya, Bangalore.
Offence : U/s.3,5, 7 of Prize Chits
Money Circulation
Scheme(Banning) Act 1978
r/w Sec.420 of IPC
Plea ... fatal to the
prosecution. As far as Sec.4 of Prize Chits
Money Circulation Scheme (Banning) Act 1978 is
concerned there is no convincing
read with Sections 4
and 6 of the Prize Chits & Money Circulation Scheme
(Banning) Act
Pramatha Nath Manna
Vs
Central Bureau of Investigation ... Code read with Sections 4 and 6 of the Prize Chits &
Money Circulation Scheme (Banning) Act, 1978.
Learned Counsel for the petitioner took
sections 3 , 4 , 5
and 6 of the Prize Chits and Money Circulations Schemes (Banning) Act,
1978 and sections 3 and 4 read with section ... fall within the definitions of
either "money circulation scheme" or "prize cheat" provided under the
said act. Counsel contends that
Sections 4 , 5 and 6 of the Prize Chits and Money
Circulation Schemes (Banning) Act, 1978 at Police Station Division
No. 3, District Ludhiana.
While ... Sections 4 , 5 and 6 of the Prize Chits and Money
Circulation Schemes (Banning) Act, 1978 at Police Station
Division No. 3, District Ludhiana.
Learned
Sections 4 , 5 and 6 of the Prize Chits and Money
Circulation Schemes (Banning) Act, 1978 at Police Station Division
No. 3, District Ludhiana.
While ... Sections 4 , 5 and 6 of the Prize Chits and Money
Circulation Schemes (Banning) Act, 1978 at Police Station
Division No. 3, District Ludhiana.
Learned
