Section 45 of the Chit Funds Act, 1982 – Preservation of chit records by foreman

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Section 45: Preservation of chit records by foreman

All the records pertaining to a chit shall be kept by the foreman for a period of eight years from the date of termination of the chit.

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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