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Section 32: Prized subscriber to pay subscriptions regularly.

The Chit Funds Act, 1982Central Act · Act 40 of 1982

Every prized subscriber shall pay his subscriptions regularly on the dates and times and at the place mentioned in the chit agreement and, on his failure to do so, he shall be liable to make a consolidated payment of all the future subscriptions forthwith.

Where this provision sits

ActThe Chit Funds Act, 1982
Section32
Marginal notePrized subscriber to pay subscriptions regularly.
JurisdictionCentral
StatusIn force as published by the source

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