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 3 Replies

k.Murugan (nil)     08 January 2019

it depends upon the trust deef

G.L.N. Prasad (Retired employee.)     08 January 2019

For running chit fund, there are separate state acts.  He may be running the groups within a closed community and not open to the public.  Every Chit fund company has to apply for such registration and remit deposit as security for every group.

P. Venu (Advocate)     08 January 2019

What is the real issue? How you are concerned? 


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