Chapter II — Registration Of Chits, Commencement And Conduct Of Chit Business

Section 11 — Use of words "chit", "chit fund", "chitty", "kuri", "fraternity fund", or "Rotating Savings and Credit Institution"

Chit Funds Act, 1982 · Preview

[(1) No person shall carry on chit business unless he uses as part of his name any of the words "chit", "chit fund", " chitty ", " kuri ", "fraternity fund" or "Rotating Savings and Credit…