Section 15. Alteration of chit agreement

15. Alteration of chit agreement.— A chit agreement shall not be altered, added to or cancelled except with the consent in writing of the foreman and all the subscribers to the chit. 1. Subs. by Act 41 of 2019, s. 3, for "chit amount" (w.e.f. 1-1-2020). 2. Subs. by s. 5, ibid., "rupees one lakh" (w.e.f. 01-10-2020). 3. Subs. by s. 5, ibid ., for, "rupees six lakhs" (w.e.f. 01-01-2020).