Section 80 of the Chit Funds Act, 1982 – Cognizance of offences

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Section 80: Cognizance of offences

  • (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: official text of The Chit Funds Act, 1982 as published on India Code (PDF). All sections of the Chit Funds Act, 1982.

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