FORM XX FORM – XX (See clause(c) of Rule 2) FORM OF LETTER OF AUTHORITY          I,________________ who / am / is _________________ of M/s __________________being is                          (name )                                        (Designation) foreman of the chit series_____________________ registered under Registration No. _____________________ as my authorized representative to attend on my / our / behalf in the matters connected with the above chit to produce accounts and documents and to receive on my / our / behalf any notice or document issued and to take all necessary steps in the matter.           I / We agree to ratify all acts done by the said Shri ______________________________ in pursuance of this authority. Date :                                                                                                                        Signature : Place :                                                                                                                       Status :