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

Section 21

Substitution

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

Substitution.- (1) The Foreman may substitute in the list of subscribers any person in place of a defaulting subscriber whose name have been removed from such list under sub- section (1) of section 20; -11- -12- Provided that if any such suit is upon a promissory note no decree shall be passed under this sub-section unless such promissory note expressly states that the amount due under the promissory note is towards payment of subscriptions to the chit. -13- -14- -15- -16- -17- -18- -19- -20- -21- -22- -23-

Section 21 – The Goa, Daman and Diu Chit Funds Act, 1973 | DailyLaw.ai