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Section 26: Accounts to be written up promptly

The Tamil Nadu Chit Funds Rules, 1984State Rules of Tamil Nadu · 1982

(1) Every entry in the register of subscribers, the ledger or the day book mentioned in Rule 25 shall be made as and when the particular event occurs.

(2) On receipt of any money, a receipt shall immediately be prepared or cause to be prepared by the foreman in Form XVI and delivered to the payer.

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(3) The foreman shall at the time of issuing every notice prepare a copy thereof in the book mentioned under clause (5) of Rule 25, certify it to be true copy and enter therein under his Signature the date of dispatch of the notice.

(4) A voucher duly signed by the recipient shall be obtained by the foreman at the time any payment is made to him and such voucher shall be immediately filed in the file specified in clause (7) of Rule 25 after due verification of all the particulars entered therein.

(5) Every document relating to the security given by prized subscribers shall as soon as it is received be filed in the file mentioned in clause (8) of Rule 20. The file shall contain an index for facilitating the scrutiny of the documents.

Where this provision sits

ActThe Tamil Nadu Chit Funds Rules, 1984
Section26
Marginal noteAccounts to be written up promptly
JurisdictionState of Tamil Nadu
StatusIn force as published by the source

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