×
  

Continue to LawRato.com with Google


Continue

Legal procedure for recovery of money from chit fund


I want my money deposited to a chit fund back. I have lifted the chit but they took two months and stopping my Cheque1 with various reasons. Now I want my deposit money back without any cuttings. Please help


Answers (3)

Hi,
You are mentioned few details only.please send the complete details regarding the chit like chit fund company name, chit amount ,period of chit , chit starting date and place of branch.
With out complete details we are unable to give you good suggestion.

Thank you ,have a nice day.


Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

If it is a registered chit fund company, as subscriber, you can file a application before the concerned the Registrar for the winding up of the chit fund company and based on your application the concerned registrar mya order injunction order

Popular Banking / Finance Lawyers

Advocate Sunil Dalal
New Friends Colony, Delhi
21 years Experience
Advocate Ramakrishnan S.
Cunningham Road, Bangalore
11 years Experience
Advocate Manish G Varma
Fort, Mumbai
16 years Experience
Advocate Ayantika Mondal
Gandhinagar, Bangalore
9 years Experience

Cheque life is 3 months, even a stop payment you can file a Private complaint U/s 200 Cr.P.C with offence U/s 138 NI Act. Stop payment will not give them any relief if you have sufficient evidence to support your claim but you have to send them Statutory Demand Notice within 30 days of the receipt of Memo from the bank regarding the cheque. If you have crossed statutory period you can still go for recovery of money suit. Further, you can also file a cheating on them. Contact a competent lawyer in your area for further proceedings. Best of luck


"LawRato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at LawRato.com and has been responded by one of the Divorce Lawyers at LawRato.com to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.com or book a Detailed Consultation with a Lawyer of your choice to address your query in detail.

Similar questions

 I have legal query . I m a Permanent Resident of Australia since 2014. I had credit card which I used before coming to Australia around Rs35,000…

Read More

i take a loan by bank after 5 year loan nill.but i am a guarantor for other person .so bank can not give me my property paper ,,,that can i do…

Read More

i had purchase a tv from bajaj finance but some payment is due somthing 15000 total payment was aprox 33000 , i have no money yet so could you provide…

Read More

How to collect the money from Tripura Chit fund?…

Read More

Get free assistance for your legal issue