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Section 32: From of petition for winding up winding up and presentation

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

A petition for winding up of a chit shall contain the following particulars namely:-

(1) Full name, description, occupation and address of the petitioner;

(2) Address of his advocate, if any, for the service of all notices, process, etc.,;

(3) Address of the foreman;

(4) Particulars of the chit-

(i) Number the date of registration of the chit agreement;

(ii) Office where the chit agreement was registered;

(iii) The chit amount;

(iv) The total number of tickets;

14

(v) The number of subscription and the number of tickets subscribed by each subscriber;

(vi) The number of non-prized subscribers on the date of the petition;

and

(vii) The number of unpaid prized subscribers, if any;

(5) Facts on which the petitioner relies in support of the petition;

(6) particulars relation to the award and execution of other process which has been returned unsatisfied in whole or in part, if the ground of the petition is that execution of other process issued on an award of order of the Registrar in favour of any subscriber in respect of the amounts due to him from the foreman was returned unsatisfied in whole or in part;

(7) Full details to show that the condition prescribed in clause (a) of the proviso to Section 49 is satisfied if the winding up of the chit is applied for under clause (d) of Section 48;

(8) Whether the previous sanction of the State Government has been obtained, if clause (b) of the proviso to Section 49 applies. (A copy of the relevant order of the State Government shall be attached).

Where this provision sits

ActThe Tamil Nadu Chit Funds Rules, 1984
Section32
Marginal noteFrom of petition for winding up winding up and presentation
JurisdictionState of Tamil Nadu
StatusIn force as published by the source

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