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Section 27 – The Chits Funds Act,1982

The Chits Funds Act,1982

27. Non-prized subscribers to pay subscriptions and obtain receipts.

Every non-prized subscriber shall pay his subscription due in respect of every installments on the dates and time and at the places mentioned in the chit agreement and shall, on such payment, be entitled to obtain a receipt from the foreman.

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The Chits Funds Act,1982

Indian Laws – Bare Acts


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