# 10 Copies of chit agreement to be given to subscribers
(1) A foreman shall, as soon as may be after he has obtained the certificate of commencement under sub-section (2) of section 9, but not later than the date of the first draw of the chit, furnish to every subscriber, a copy of the chit agreement certified to be a true copy.
(2) A foreman shall, within fifteen days after the close of the month in which the draw for the first instalment of the chit is held, file with the Registrar, a certificate to the effect that the provisions of sub-section (1) have been complied with.
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REGISTRATION OF CHITS, COMMENCEMENT AND CONDUCT OF CHIT BUSINESS
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Form of chit agreement7
Filing of chit agreement8
Minimum capital requirements for the commencement, etc., of a chit, and creation of a reserve fund, by a company9
Commencement of chit11
Use of words "chit", "chit fund", "chitty", "kuri", "fraternity fund", or "Rotating Savings and Credit Institution"12
Prohibition of transacting business other than chit business by a company13
Aggregate amount of chitsLawyer's Registry
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