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Section 71 – The Chits Funds Act,1982

The Chits Funds Act,1982

71. Money how recovered.

Every order passed by the Registrar or the nominee under Sec. 68 or Sec. 69. and every order passed by the State Government in appeal under Sec. 70 for the payment of any money shall, if not carried out,-

(a) on a certificate issued by the Registrar, be deemed to be a decree of a such Court, and shall be executed in the same manner as a decree of such Court, or

(b) be executed in accordance with the provisions of any law for the time being in force for the recovery of amounts as arrears of land revenue:

Provided that no application for execution under Cl. (b) shall be made after the expiry of three years from the date fixed in the order, and if no such date is fixed , from the date of the order.

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The Chits Funds Act,1982

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