TAMIL NADU CHIT FUNDS ACT, 1984
Chit funds are a kind of financial arrangement wherein a few individuals gather and pool a fixed sum of money at regular intervals. This is done with an understanding or agreement that a single member of the group will receive the total sum of money collected during each interval.
Chapter 1 - Preliminary
Chapter 2 - Registration
Chapter 3 - Foreman
Foreman (18 to 19)
Chapter III Foreman 18. Procedure in the case of security given by the foreman.— [(1)...
Foreman (20 to 24)
20. Substitution of security.—(1) During the currency of chit, the foreman may apply to...
Foreman ( 25 to 27 )
25. Books of account to be maintained by the foreman.—In addition to the book of minute...
Foreman ( 28 to 31 )
28. Date for submission of balance sheet.—(1) The balance sheet referred to in Section ...
Chapter 4 - Winding up of Chits
Chapter 5 - Fees
Chapter 6 - Disputes and Arbitration
Disputes and Arbitration ( 45 to 49 )
Chapter VI Disputes and Arbitration 45. Reference of dispute.—A reference of a disput...
Disputes and Arbitration ( 49 to 50 )
(2) Where neither party appears when the dispute is called out for hearing, the Registr...
Disputes and Arbitration ( 50 to 55 )
(5) The mode of serving summonses and notices as laid down in Sub- rules (1) to (4) sha...
Disputes and Arbitration ( 55 to 56 )
(2) If the amount due under the award is not forthwith recovered, or the order thereund...
Disputes and Arbitration ( 56 )
(7) If the property is transferred to the judgment creditor in partial satisfaction of ...
Disputes and Arbitration ( 56 - 57 )
(11) The judgment creditor shall forthwith report any transfer of property under sub-cl...
Chapter 7 - Miscellaneous
APPENDIX
APPENDIX II ( 1 to 9 )
APPENDIX II Levy of fees under section 62 and 63 of the Chit Funds Act, 1982 (Central Act 40 of...
APPENDIX II ( 10 to 19 )
10 a) For application for extension of time for filing the declaration under sub- section ...
FORM I
APPENDIX – FORM I (See Section 4(2) and Rule 3) FORM OF APPLICATION TO BE USED BY A FOREMAN FOR...
Form IA & IB
FORM – IA FORM OF REPLY TO THE FOREMAN FOR THE COMPLIANCE OF HIS REQUEST FILED IN FORM – I OFF...
Form II
FORM – II (See Section 7 and Rule 5) APPLICATION FOR REGISTRATION OF THE CHIT AGREEMENT To Th...
Form III
FORM – III ENDORSEMENT OF REGISTRATION I hereby certify that the chit agreement rel...
FORM IV
FORM IV (See Section 8(4) and Rule 9) Place :Date : The Registrar of Chits, Dear Sir, ...
FORM IV A
FORM IV – A (See Section 8(4) Rule 9) FORM OF REPLY TO THE FOREMAN FOR COMPLIANCE OF HIS REQUES...
FORM V
FORM - V (See Section 9(1) and Rule 10) Place:Date: To The Registrar of Chits, _____________...
FORM VI
FORM – VI (See Section 9(2) and Rule 11) CERTIFICATE OF COMMENCEMENT OF CHIT Place :Date : Of...
FORM VII
FORM – VII (See Section 10(2) and Rule 12) To The Registrar of Chits, _______________________...
FORM VIII
FORM VIII (See Section 6 and Rule 13) Form of Chit Agreement (Articles of Agreement between th...
FORM IX
FORM IX (See Section 16 and Rule 16) Notice to subscribers of Chit Number ______ of 200__ Sir,...
FORM X
FORM –X APPLICATION FOR PERMISSION TO FURNISH SECURITY FOR CONDUCTING THE CHIT To The Registra...
FORM XI
FORM –XI (See Rule 16(3)) CERTIFICATE OF SUFFICIENCY OF SECURITY Office of theRegistrar of Chi...
FORM XII
FORM XII (See Section 20(3) and Rule 20) APPLICATION FOR SUBSTITUTION OF THE SECURITY ...
FORM XIII
FORM XIII (See Section 23 and Rule 25) FORM OF REGISTER OF SUBSCRIBERS TO BE MAINTAINED Offi...
FORM XIV
FORM XIV (See Section 23 and Rule 25) FORM OF THE LEDGER TO BE MAINTAINED Office where the C...
FORM XV
FORM XV (See Section 23 and Rule 25) FORM OF THE DAY BOOK TO BE MAINTAINED Office where the ...
FORM XVI
FORM – XVI (See Section 23 and Rule 25) Original Duplicate ...
FORM XVII
FORM XVII (See Section 64 and Rule 45) APPLICATION FOR REFERENCE OF A DISPUTE TO ARBITRATION BE...
FORM XVIII
FORM – XVIII (See Section 71 and Rule 54) PROCLAMATION TO BE ISSUED AT THE TIME OF THE ISSUE OF...
FORM XIX
FORM – XIX (See Rule 56(5)) CERTIFICATE FOR TRANSFER OF PROPERTY In the case of immovable prop...
FORM XX
FORM – XX (See clause(c) of Rule 2) FORM OF LETTER OF AUTHORITY I,________________ ...
FORM XXI
FORM – XXI (See Rule 28(2)) Name of the Foreman i) Office where the bye-laws of the chit...