LAXMIKANT JAIPURKAR (Practicing Company Secretary/Tax Consultant) (403 Points)
26 February 2009I would like to know the registration procedure / licencing procedure to carry out the Chit Fund activities. Which department regulates this work ? Where the Rules for Chit Funds are available ?
Gargi Ranade
(CS)
(619 Points)
Replied 28 February 2009
Attaching herwith thetext of Chit Funds Act 1982 which governs the chit fund activities
I think you can get all the necessary information on the following web site https://chitfund.delhigovt.nic.in/ if you are oing to incorporate the same in Delhi However, I would like to note that this rules are not applicable through out india
Regards,
CAclubindia
