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LAWGIST

The Chit Funds Act

# 53    Powers of Registrar

The Registrar may, after hearing an application under this Chapter, dismiss it with or without costs, or adjourn the hearing conditionally or unconditionally or make an interim or any other order that he deems fit.

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WINDING UP OF CHITS
  • 49
     Application for winding up
  • 50
     Bar to winding up proceedings
  • 51
     Commencement and effect of winding up order
  • 52
     Injunction order
  • 54
     Vesting of chit assets in Registrar or other persons
  • 55
     Suits, etc., to be stayed on winding up order
  • 56
     Notification of winding up order
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