Bare ActsThe Goa, Daman & Diu Chit Funds Act, 1973

Section 46

Suits stayed in winding up orders

Amendment status not verified — confirm the current text below against the official source.

Suits stayed in winding up orders.— When a winding up order has been made by a court, no suit or other legal proceedings shall be continued or commenced against the foreman by a subscriber for the realization of amounts due to him in respect of the chit except with the leave of the court and on such terms as the court may impose.

Section 46 – The Goa, Daman & Diu Chit Funds Act, 1973 | DailyLaw.ai