REMOVAL OF A SUBSCRIBER FROM THE CHIT GROUP If the foreman company wants to remove a defaulting subscriber from a chit group, he shall:- a) Give a written notice of such removal of…

CHANGE IN REGISTERED OFFICE OF THE COMPANY For changing the registered office of the company, prior approval of the Registrar, Chit Funds is required to be obtained. For this purpo…

CHANGE OF DIRECTORS For effecting any change in directorship of the company, the chit fund company has to submit following documents alongwith the application: - 1. Copy of resolut…

H ow to get a Registration Certificate from Chit Funds Department Chit fund Companies operating in Delhi as a practice, first obtain a certificate of incorporation from the Registr…

Dispute Settlement Procedure Under the Madras Chit Funds Act,1961, the provisions of which were applicable till 31 st March,2007, any dispute regarding payment could be settled onl…

RIGHTS OF A SUBSCRIBER I) To get a proper receipt for payment of subscription from the foreman company. II) To get a copy of chit agreement in respect of the concerned chit group b…

Receipt of prized money If owing to default of the prized subscribers, the prize amount due in respect of any draw remains unpaid before the next succeeding draw, the foreman shall…

LIST OF CHIT FUND COMPANIES FUNCTIONING UNDER THE CHIT FUNDS ACT, 1982. AS ON DEC-2015 Sl. No. Name of the Company and Address of its Regd. Office. 01. Ambience Chits Pvt. Ltd., 27…

Date: issued 14/06/2024. GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI OFFICE OF THE REGISTRAR CHIT FUND DEPARTMENT 13th FLOOR VYAPAR BHAVAN I.P. ESTATE NEW DELHI 110002 Tel. 2…

Date: issued 02.09.2025. DRECTORATE G;ENLRAL, (OF IIEALTII SERVICES (}:CONOMICALLY WEAKIER SECTION) OOR, IDGD BU,DIN: S-L SCO0L BIL,0CK, SILAKARPUR, DELIII- 110092 Imail: lreetient…