Section 60: Period of retention of records by the Registrar
The Tamil Nadu Chit Funds Rules, 1984State Rules of Tamil Nadu · 1982
The records of a chit including registers and books of account, shall be preserved in the office of the Registrar for eight years--
(a) from the release of the security in the case of chits which are terminated ; and
(b) from the date when the affairs of the chit are completely wound up in cases dealt with in Chapter X of the Act and if orders passed under that Chapter are appealable, from the date of disposal of the appeal.