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What registrations and licenses are required to set up a Chit Fund


24-Jan-2023 (In Corporate Law)
I am running a chit fund company for the past 3 years in Jammu I want to know what are the legal registrations and licenses required to run such a company in Jammu. I understand that the laws related to Jammu are separate from the laws related to the rest of India. Please provide me with some clarity on this, thanks.
Answers (1)

Answer #1
644 votes
Under which act you are running a chit fund company is the fact in issue that's why you should mention for the details. Well under Madras Chit Fund act There are several provisions of regulation of a Chit Fund company..

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