In force · As amended up to 2026-08
Chapter XIII: ## MISCELLANEOUS
CHAPTER XIII
MISCELLANEOUS
73. Advisory role of Reserve Bank.
74. Appeals.
75. Powers of Registrar to give extension of time for filing documents.
SECTIONS
76. Penalties.
77. Penalty for second and subsequent convictions.
78. Application of fine.
79. Offences by companies.
80. Cognizance of offences.
81. Power to compound offences.
82. Power to enter and search any place and to seize any documents.
83. Officers to be public servants.
84. Power to delegate.
85. Act not to apply to certain chits.
86. Banks not to conduct chit business.
87. Power to exempt.
88. Protection of action taken under the Act.
89. Power to make rules.
90. Repeal and saving.
THE SCHEDULE.
THE CHIT FUNDS ACT, 1982
ACT NO. 40 OF 1982
[19 th August, 1982.]
An Act to provide for the regulation of chit funds and for matters connected therewith.
BE it enacted by Parliament in the Thirty-third Year of the Republic of India as follows:—
Source: India Code