Chit company rules5/31/2023 or tender or in such other manner as may be prescribed in the chit, be eligible for the prize money. in which each of them will buy by law a specific total in cash (or a specific quantity of grain) for periodic portions in an explicit period and that each such endorser will, in its turn, control by part or by closeout. Coordinate with a predetermined number of people. As per the Act, a “chit” means an exchange by or under which a person enters into a chit, chit finance, or by any other name. However, the Chit Fund business in India is managed under the Chit Fund Act, 1982. Thus, chit stores are regulated by chit fund company Registration, we take a look at Chit subsidy organizations in India, Chit finance plan of action, and chit finance business listing. Also, chit stores provide access to investment funds and lending for individuals who have limited access to manage account offices. Chit fund is a major type of Investment fund that operates as a major part of the disorganized currency advertising industry in India.
0 Comments
Leave a Reply. |