WebXI Balance sheet and subscriber’s right to examine chit records : (1) On termination of a chit, the foreman shall prepare balance sheet containing a summary of the assets and liabilities of the chit and giving such particulars as will disclose the nature of assets and liabilities and how the value of the assets has been arrived at. Web(4) The Registrar shall after the termination of a chit and after satisfying himself that the requirements under clauses (i), (ii) and (iii) of sub-section (3) have been complied with, …
HOW TO START A CHIT GROUP FIRST STEP - Delhi
WebRegister Your Business Get Licenses and Registrations Protect Your Intellectual Property Easy Tax Registration and Filing Mandatory Compliances Private Limited Company … Web10. Security in the shape of either an FDR in favour of the Registrar, Chit Funds, Delhi representing 100% of the chit value or an FDR representing 50% of the value of chit value and a Bank Guarantee representing 50% of the chit value, 11. Details of chit groups run by the company under the Madras Chit Funds Act,1961 mfr to seattle direct flights
Chit Fund Act Department of Goods and Services Tax
WebCommunication of order of refusal to register chit and its bylaws. - If the Registrar refuses to register a chit and its by-laws, he shall record his reason for such refusal in writing and communicate a copy of the order to the applicant. ... Receipt book to be maintained under section 16 of the Maharashtra Chit Funds Act, 1974 (Maharashtra LV ... http://www.bareactslive.com/MAH/mh642.htm WebDec 30, 2024 · HYDERABAD: Taking cognizance of a TOI report on the alleged irregularities in chit funds, the Telangana Registration and Stamps Commissioner and Inspector General Nadeem Ahmed has ordered a probe into violations by chit fund companies. TOI had published a report titled `Cheat funds thrive by inflating land value’ … how to calculate density bonus