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Section 72 – The Chits Funds Act,1982

The Chits Funds Act,1982

72. Private transfer of property made after issue of certificate void against foreman.

Any private transfer or delivery of, or encumbrance or charge on property made or created after the issue of the certificate by the Registrar under Sec.71 shall be null and void against the foreman on whose application the said certificate was issued.

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The Chits Funds Act,1982

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