chit fund and received
money in pursuance of the scheme in contravention of Prize
Chits and Money Circulation Scheme (Banning) Act, 1978
("PCMC ... scheme run by accused persons,
prosecution has failed to prove beyond reasonable doubt that
accused persons were running schemes in the nature of prize
State
called benefit/savings schemes and lucky draws and
that the basic common features of the schemes were
the giving of a prize and the ultimate ... name called
should be banned. Since prize chits were called
differently, "prize chits", 'benefit/savings schemes",
"lucky draws
called benefit/savings schemes and lucky draws and
that the basic common features of the schemes were
the giving of a prize and the ultimate ... name called
should be banned. Since prize chits were called
differently, "prize chits", 'benefit/savings schemes",
"lucky draws
read with Section 4 , 5 and 6 of the Prize Chits and Money Circulation
Schemes (Banning) Act, 1978, pending before the Court of learned Chief ... read with Section 4 , 5 and 6 of the Prize
Chits and Money Circulation Schemes (Banning) Act, 1978, pending before the Court of
learned Chief
Prize Chits
and Money Circulation
Scheme (Banning) Act and
2 C.C.No.6502/2014
U/s.76 and 79 of Chit Funds
Act
Plea ... Prize Chits and Money Circulation Scheme
(Banning) Act and U/s.76 and 79 of Chit Funds Act .
2. The prosecution case in brief
participating in the Sweepstakes Scheme of 2008. The complainant alleged that being attracted towards this scheme which offered the prize money of 23 lakhs ... appellant in not having included the complainant in the prize winning Sweepstakes Scheme. This communication is of the year 2010 regarding the participation
offences punishable U/s.4 and 5 Prize
Chits & Money Circulation Schemes (Banning) act, 1978 & Sec. 3 &
4 Chit Funds ... offences punishable
U/s.U/s.4 and 5 Prize Chits & Money Circulation Schemes
(Banning) act, 1978 & Sec. 3 & 4 Chit Funds
records.
4. The case of the appellant is that the prize scheme launched in September 1998, coca cola bottles with crowns that had a yellow ... under the scheme since he had, admittedly, come in possession of a liner under the scheme. His anxiety to claim the prize and to feel
lucky draw. Whosoever received one such prize, was not entitled to
receive second prize. In the promotional scheme of OPs No.1&3, namely ... other exciting prizes
("Exciting Prize") and also certain assured prizes upon reaching specified
milestones. World Cup Prize winners and Exciting Prize winners will
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 ... scheme run by accused persons, prosecution has failed to prove
beyond reasonable doubt that accused persons were running
schemes in the nature of prize chits
