what is the governing act for chits co's.?
Rushikesh
(Chartered Accountant - Manager Finance)
(2375 Points)
Replied 21 May 2008
THE CHIT FUNDS ACT, 1982
It extends to the whole of India except the State of Jammu and Kashmir
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India