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

Read more
Answered on 5/22/07, 9:44 am


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