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Section 4: Prohibition of invitation for subscription to chit of which bye-laws have not been registered

The Goa, Daman & Diu Chit Funds Act, 1973Union territory Act of Dadra and Nagar Haveli and Daman and Diu · Act 16 of 1973

No person shall issue or publish any notice, circular, prospectus or other document containing the terms and conditions of any chit or inviting the public to subscribe for tickets in any chit unless such notice, circular, prospectus or other document relates to a chit, the bye-laws of which have been registered.

Where this provision sits

ActThe Goa, Daman & Diu Chit Funds Act, 1973
Section4
Marginal noteProhibition of invitation for subscription to chit of which bye-laws have not been registered
JurisdictionUnion territory of Dadra and Nagar Haveli and Daman and Diu
StatusIn force as published by the source

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