Section 80

Cognizance of offences.

The Chit Funds Act, 1982

  • Act 40 of 1982
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to provide for the regulation of chit funds and for matters connected therewith.

All sections
    (1) All offences under section 11 shall be cognizable.
     (2) No court inferior to that of a Metropolitan Magistrate or a Judicial Magistrate of the first class shall try an offence punishable under this Act.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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