The Chit Fund Act, 1982
Original price was: ₹90.00.₹72.00Current price is: ₹72.00.
The Chit Funds Act, 1982 provides a structured legal framework for the regulation and supervision of chit fund businesses in India. It governs registration, rights and duties of foremen and subscribers, and prescribes safeguards to prevent financial fraud. The Act also lays down penalties and enforcement mechanisms to ensure transparency and investor protection.
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The Chit Funds Act, 1982 provides a structured legal framework for the regulation and supervision of chit fund businesses in India. It governs registration, rights and duties of foremen and subscribers, and prescribes safeguards to prevent financial fraud. The Act also lays down penalties and enforcement mechanisms to ensure transparency and investor protection.
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