Chit fund act 1982
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 December 2016
A Person want to start a Registered Chit fund Business. Is Proprietary Concern can get a registration certificate under Chit Fund Act 1982. I mean Is he eligible to register a Proprietary Concern Under Chit Fund Act.
CA Suresh Jain
(Expert)
10 December 2016
As per my understanding, only a firm or association of individuals or Company or Co-operative Societies can do Chit fund business. Individuals can not work have business of Chit Fund
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