subsequent payment, viz. subscriptions, that as per the Tamil Nadu Chit Funds Act , the
foremen is entitled to 5% commission, and the sum was adjusted ... amount payable to the foremen, as per
provisions available under Tamilnadu Chit Funds Act, which were not properly
considered by the District Forum, resulting
resolved only under
section 65 of the Tamilnadu Chits Funds Act and there cannot be any deficiency in
service by the appellants. The complainant ... should be
disposed of only under Section 65 of the Tamilnadu Chit Funds Act. Under Section 3
of Consumer Protection
applied for obtaining the relevant record under the
provision of Tamil Nadu Chit Fund Act.
The District Forum has observed:
The details
of payments made ... petitioner could have filed application under
the provisions of Tamil Nadu Chit Fund Act and thereafter he could file the
petition before the District Forum
Bench of Chennai Tribunal in
the case of Sree Ram Chit Funds (Tamilnadu) P. Ltd., and
also in Shree am Chits ... 2017
M/s Jeevan Shakti Chit Fund Pvt. Ltd.
Bench of the Tribunal has considered similar issue and held
as under :
"5. After perusing
1529/Hyd/2014
M/s. Jeevan Shakti Chit Fund Pvt. Ltd.,
Hyderabad
learned counsel for the assessee, relied on the order of the
Assessing Officer ... Bench of Chennai Tribunal in the case of Sree
Ram Chit Funds (Tamilnadu) P. Ltd., and also in Shree am
Chits
attention was drawn towards two judgments of Tamil Nadu State Consumer Disputes Redressal Commission. In Selvan Chit Funds ... Alagh Sundram, II (1996) CPJ 437, the Tamil Nadu State Commission held that complaint against chit fund could not be decided in Consumer Forum while
Shriram Capital Limited, Chennai vs Assessee on 25 June, 2015
आयकर अपील य अ
धकरण
seizure proceedings at No:30, Jayapriya Chit
Funds Building, Main Road, Neyveli, Cuddalore Dist, Tamilnadu - 607802, a
remote server (Cloud server - 103.214.132.40) was identified
situation shall override the provision of
older Statute i.e., Chit Fund Act, 1982 .
Seeing from another angle, it is pertinent to note that Section ... this controversy of orders passed by Tamil Nadu
State Commission we have no hesitation in holding that Chit Fund
cases fall very much within
situation shall override the provision of
older Statute i.e., Chit Fund Act, 1982 .
Seeing from another angle, it is pertinent to note that Section ... this controversy of orders passed by Tamil Nadu
State Commission we have no hesitation in holding that Chit Fund
cases fall very much within
