Any amount due to the subscriber from a foreman in relation to the chit business shall be a first charge on the chit assets.
Section 43: Subscribers' dues to be first charge on chit assets.
The Chit Funds Act, 1982Central Act · Act 40 of 1982
Where this provision sits
| Act | The Chit Funds Act, 1982 |
|---|---|
| Section | 43 |
| Marginal note | Subscribers' dues to be first charge on chit assets. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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