(a) by those non-prized subscribers and those unpaid prized sub-scribers whose subscriptions to the chit funds in the aggregate be at least twenty- five percent of the amount contributed by the non-prized subscribers and un-paid prized subscribers : or
(b) with the previous sanction of the Government.
Section 39 • Andhra Pradesh Chit Funds Act, 1971
39. Application for winding up.
andhra-pradesh-chit-funds-act-1971-sec-39.json
•
Section 39
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"title": "39. Application for winding up.",
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"content": "(a) by those non-prized subscribers and those unpaid prized sub-scribers whose subscriptions to the chit funds in the aggregate be at least twenty- five percent of the amount contributed by the non-prized subscribers and un-paid prized subscribers : or\n(b) with the previous sanction of the Government.",
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