Legal Question in Business Law in India
Chit fund Laws
What are the laws in India about ''Pooling Money and drawing a lottery on monthly basis based on interest earned on total contributed amount'' (without auctioning the amount, like in normal chit fund)?
Asked on 5/21/07, 4:09 am
1 Answer from Attorneys
G. M. Gupta
gmguptaandassociates
Re: Chit fund Laws
unable to answer it like this
Answered on 5/22/07, 9:44 am
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