# Form IA & IB

#### <span style="color: rgb(34,87,122);">**FORM – IA**</span>

##### <span style="color: rgb(0, 0, 0);">**FORM OF REPLY TO THE FOREMAN FOR THE COMPLIANCE OF HIS REQUEST FILED IN FORM – I** </span>

OFFICE OF THE REGISTRAR OF CHITS,

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\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

TO

The Foreman

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 I hereby acknowledge the receipt of the form of application filed by you (Foreman) \_\_\_\_\_\_\_\_\_\_\_\_\_\_for obtaining previous sanction to commence or conduct a Chit. Your request can be complied with and the order of prior sanction will be issued to you on\_\_\_\_\_\_\_\_\_\_\_\_\_. His request cannot be complied with for the reasons\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ which are contravene a provision of \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_Appeal under section \_\_\_\_\_\_\_\_\_\_\_\_\_lies with \_\_\_\_\_\_\_\_\_\_within 30 days from the date of receipt of this order.

(Seal) Signature of the Registrar of Chits with date.

#### <span style="color: rgb(34, 87, 122);"> **FORM – IB**</span>

##### <span style="color: rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> (See Section 4)</span>

 After careful examination of the Form-I, dated \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_and also the connected records submitted by M/s.\_\_\_\_\_\_\_\_\_\_\_\_\_\_ , the undersigned in exercise of the powers conferred on him / her under Section 4 of the Chit Funds Act, 1982 read with Notification No. \_\_\_\_\_\_\_\_\_\_\_hereby issues the “PREVIOUS SANCTION” for the Chit, the details of which are given below:

Name of the Foreman :

Chit Amount :

Installment Amount (without dividend and any other deductions allowed) :

No. of Installments :

No. of Tickets :

The previous sanction issued in this order shall lapse if the chit is not registered within 12 months from this day

Place :

**Date : Registrar of Chits**