Section 10

Offences under this Act to be cognizable.

The Prize Chits and Money Circulation Schemes (Banning) Act, 1978

  • Act 43 of 1978
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to ban the promotion or conduct of prize chits and money circulation schemes and for matters connected therewith or incidental thereto.

All sections
    All offences punishable under this Act shall be cognizable.

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

Scroll to Top