accused was also running unregistered chits apart from the registered
chits. It was elicited that there was no chit agreement between him and
the accused ... unregistered chit. It is clear that the
23 CC.4146/2020 (J)
complainant is not the subscriber of registered chit. The unregistered
chit as alleged
above said order, dated 7.1.2015, since the case pertains to unregistered chit amount, the matter was agitated and consequently, the Hon'ble Supreme Court ... induced the petitoner to invest Rs.86,98,000/- in their unregistered chit between April, 2006 and February, 2008, which was also a part
Chit Funds Act. 1982.
10. The trial Court had found, on facts, that the chits were unregistered. It had also found that there were discrepancies ... statement that the four chits in question are registered chits. It had been admitted by D.W.1 that the chits had not been registered
Court on 22.07.2019 :
(i) Whether the first defendant is conducting an
unregistered chit fund while holding out that the same was
registered under the provisions ... Chit Funds Act and held that unless the
chit is registered one, the suit is barred by Special Law, but the chit fund
conducted
PW11 joined the said chit fund as subscribers and paid
substantial amount towards the chit. Later, the chit amount not repaid to the
subscribers ... unauthorized
chit fund run by the petitioner in the name of M/s.Sriman V.Narayana
Yadav Chits Private Limited. The said unregistered chit fund
PW11 joined the said chit fund as subscribers and paid
substantial amount towards the chit. Later, the chit amount not repaid to the
subscribers ... unauthorized
chit fund run by the petitioner in the name of M/s.Sriman V.Narayana
Yadav Chits Private Limited. The said unregistered chit fund
PW11 joined the said chit fund as subscribers and paid
substantial amount towards the chit. Later, the chit amount not repaid to the
subscribers ... unauthorized
chit fund run by the petitioner in the name of M/s.Sriman V.Narayana
Yadav Chits Private Limited. The said unregistered chit fund
petitioner dated 10.06.2017 and take action against the
conducting of unregistered chit by the ?Kamarajar Nadar Munnetra Sangam? ,
Melapalayam, Tirunelveli District.
!For Petitioner ... representation dated 10.06.2017 and take action against the conducting of
unregistered chit by the ?Kamarajar Nadar Munnetra Sangam? , Melapalayam,
Tirunelveli District.
2.Mr.C.Selvaraj
each in respect of two
chits. The date of commencement of the chit group and the chit group
number is not mentioned in the complaint ... rules of Chit Funds Act such
12 CC.23028/2021 (J)
as application for subscription of the chit, chit agreement, receipts for
having paid installments
each in respect of two
chits. The date of commencement of the chit group and the chit group
number is not mentioned in the complaint ... documents as per the rules of Chit Funds Act such
as application for subscription of the chit, chit agreement, receipts for
having paid installments
