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THE KERALA CHITTIES RULES, 1975

THE KERALA CHITTIES RULES, 1975

THE KERALA CHITTIES RULES, 1975

[1][THE KERALA CHITTIES RULES, 1975]

PREAMBLE

In exercise of the powers conferred by Section 68 of the Kerala Chitties Act, 1975 (23 of 1975) the Government of Kerala hereby make the following rules, namely:--

CHAPTER I

Rule - 1.

(1)     These rules may be called the Kerala Chitties Rules, 1975;

(2)     They shall come into force with effect on and from 25th August, 1975.

Rule - 2.

In these rules, unless the context otherwise requires,--

(1)     "the Act" means the Kerala Chitties Act, 1975;

(2)     "defaulter subscriber" means a subscriber who has failed to pay the subscription at the time and place mentioned in the variola;

(3)     "duly authorised agent" means a person authorised by a power of attorney registered under the Registration Act, 1908 (Central Act 16 of 1908) and "authorised agent" means a person authorised by a power of attorney aforesaid or a person authorised by a letter of authorisation by the person concerned;

(4)     "Form" means a form appended to these rules;

(5)     "net assets" means the difference between the assets and liabilities as disclosed by the balance sheet in the case of limited companies, partnership firms, institutions, societies and Associations and as disclosed by the statement of assets and liabilities declared by the individual or individuals in the case of others.

Explanation.--In computing the assets, only the fixed assets, cash in hand, cash at bank, investments in Government securities and trust securities, investment in shares or debentures, advances and debts considered as good, bills for collections and stock in good condition, shall be taken into account Patent rights and goodwill shall not be taken into account. In computing the liabilities, share capital and profits forming capital account shall not be taken into account;

(6)     "Registrar of Chitties" means the Registrar appointed under Section 57 of the Act;

(7)     "Registrar of the District" means the Registrar appointed under the Registration Act, 1908;

(8)     "Section" means a section of the Act;

(9)     "Sub-Registrar" means the Sub-Registrar appointed under the Registration Act, 1908.

CHAPTER II CONSTITUTION AND REGISTRATION

[Sections 3(1) and 57]

REGISTRAR OF CHITTIES

Rule - 3.

Every Sub-Registrar shall be Ex-Officio Registrar of chitties within the local limits of his jurisdiction.

Rule - 4.

The following categories of Inspecting Officers may be appointed under Section 57:--

(1)     Inspector General of Registration.

(2)     [2][Assistant Inspector General of Registration (Chit Schemes)].

(3)     Prosecuting Inspector.

(4)     Registrars of the Districts.

(5)     Chitty Inspectors.

Rule - 5.

A Chitty Inspector shall have the following powers and duties namely:--

(a)      to conduct enquiries on petitions containing allegations against the chitty foreman and to issue notices to the parties concerned.

(b)      to cause enquiries on applications received for the starting of new chitties within his jurisdiction and require the intending foreman to furnish such information as may be necessary in his regard and make recommendations regarding the sanction of chitties under the Act.

(c)      to inspect chitties conducted under the proviso to Section 5.

Rule - 6.

A Prosecuting Inspector appointed under the Act shall have jurisdiction throughout the State of Kerala. He shall have the following duties and powers, namely:--

(a)      he shall initiate prosecution cases against the foreman for the violation of the provisions of the Act

(b)      he shall advise the departmental officers regarding the legal aspects of each and every case referred to him in respect of the administration of chitties.

(c)      he shall have the responsibilities to contact all the Public Prosecutors in the State in order to give legal assistance for the proper conduct of cases filed against chitty foreman as per the different sections of the statute.

(d)      he shall be responsible for drafting affidavits, plaints etc., in respect of the prosecution cases.

Rule - 7.

The Registrars of the District shall be the Inspecting Officers in their respective Districts for all purposes of the Act.

Rule - 8.

There shall be one [3][Assistant Inspector General of Registration (Chit Schemes)] not below the rank of a Registrar of a District. He shall be under the control and supervision of the Inspector General of Registration.

Rule - 9.

The [4][Assistant Inspector General of Registration (Chit Schemes)] shall be responsible for the general administration and superintendence of Chitty Administration throughout the State.

Rule - 10.

The [5][Assistant Inspector General of Registration (Chit Schemes)] may compound the offences committed by Chitty foreman at any time on the recommendation made by the Registrar of Chitties.

Rule - 11.

The Inspector General of Registration shall be the Head of Chitty Administration.

Rule - 12.

An application for previous sanction to start and conduct a chitty shall be in Form No. 1.

Rule - 13.

It shall be either presented in person or sent by post to the Registrar of Chitties in triplicate with three copies of the variola with the prescribed fees.

Rule - 14.

The Registrar of Chitties shall forward two copies of the application with the copy of the variola to the Registrar of the District who in turn entrust the work of verification of the application to the Chitty Inspector of his District for enquiry and report

Rule - 15.

The Registrar of the District may on receipt of the report of the Chitty Inspector, after considering the case accord or reject sanction. The sanction shall be accorded in Form No. II, with copies to the Chitty Inspector, Registrar of Chitties and the foreman concerned.

Rule - 16.

The foreman shall be given an opportunity of being heard in person before refusing sanction.

Rule - 17.

If previous sanction to start a chitty is refused, the foreman shall prefer an appeal to the Government within 14 days setting forth the grounds for such an appeal.

Rule - 18.

The application fee for sanction shall not be refunded on any account.

Rule - 19.

A chitty shall be deemed to be conducted in the State of Kerala if--

(i)       the variola is registered in the State of Kerala;

(ii)      the determination of prizes by auction or drawing is conducted within the State.

CHAPTER III CHITTIES OF THE VALUE OF LESS THAN ONE HUNDRED RUPEES (SECTION 5)

Rule - 20.

Every person proposing to conduct a chitty of the value of less than one hundred rupees shall take out a permit for that purpose from the Registrar of Chitties within whose jurisdiction the chitty is to be conducted.

Rule - 21.

Every application for a permit to conduct a chitty referred to in Rule 20 shall be in Form No. III.

Rule - 22.

The application shall be accompanied by two true copies of the rules governing the conduct of the chitty and a list of subscribers and the shares subscribed for by each of them. One copy of the rules shall be returned to the permit holder in the event of the issue of the permit and the other shall be retained in the office of the Registrar of Chitties.

Rule - 23.

The Registrar of Chitties if satisfied with the bona fides of the applicant and about his ability to conduct the chitty may grant a permit in Form No. IV.

Rule - 24.

The Registrar of Chitties may, for reasons to be recorded in writing, refuse to grant a permit.

Rule - 25.

No permit shall be granted to any person--

(1)     who is a minor,

(2)     who is an undischarged insolvent,

(3)     who has been adjudicated by a competent Court to be of unsound mind, or

(4)     who is disqualified under sub-section (2) of Section 3.

Rule - 26.

Any person aggrieved by the order of the Registrar of Chitties refusing to grant a permit may within 14 days of the receipt of such order appeal to the Registrar of the District and the order of the Registrar of the District on such appeal shall be final.

Rule - 27.

If a permit is not granted, the fee paid shall be refunded.

Rule - 28.

Not more than one permit at a time shall be granted to a person for the conduct of a chitty. A second permit shall be granted only after the applicant has shown to the satisfaction of the Registrar of Chitties that all the liabilities in respect of the chitty for which permit was granted have been cleared off.

Rule - 29.

The person conducting a chitty referred in the foregoing provisions of this chapter shall maintain proper records and account books relating to the chitty.

Rule - 30.

The amount to be collected from the subscribers shall be entered in a pass book issued to each subscriber.

Rule - 31.

The pass book so issued shall be in Form No. V and it shall bear the seal of the concerned Registrar of Chitties.

Rule - 32.

All the records shall be made available for Inspection if so required by any inspecting officer of the Department.

Rule - 33.

A permit shall be liable to be cancelled if the foreman violates any of the conditions of the permit or incurs any of the disqualifications mentioned in Rule 25.

Rule - 34.

A permit shall terminate--

(a)      on the death of the foreman; or

(b)      on the permit being cancelled under Rule 33; or

(c)      on the expiration of the period fixed for the duration of the chitty. 

CHAPTER IV THE VARIOLA

Rule - 35.

A variola relating to a chitty shall conform to the standard set forth in Form No. VI.

Rule - 36.

If the foreman is offering immovable property as security, a description of the property with such particulars required under the Registration Act, 1908 (Central Act XVI of 1908), for registration of documents shall be given in the variola.

Rule - 37.

Only property over which the foreman has absolute ownership, possession and enjoyment shall be accepted as security.

Rule - 38.

The variola shall be presented for registration, in duplicate, along with the order of sanction for the starting of the Chitty, in person direct to the Registrar of Chitties by the foreman or by his duly authorised agent.

Rule - 39.

The variola shall bear the stamp, required under the Kerala Stamp Act, 1959 (17 of 1959).

Rule - 40.

Any person aggrieved by an order of the Registrar of Chitties under sub-section (1) of Section 8 may prefer an appeal to the Registrar of the District within 14 days from the date of refusal and the decision of the Registrar of the District shall be final. The appeal shall be presented in person or through an authorised agent.

Rule - 41.

If the Registrar of Chitties is satisfied that the variola is drawn up in conformity with the provisions of the Act and the rules and that there is no reason to refuse registration, he shall register the same and retain in his office the duplicate as so endorsed and also the order sanctioning the starting of the chitty.

Rule - 42.

The endorsement on the variola shall be in Form No. VII. Chitties registered shall be numbered in a consecutive series which shall commence and terminate with the calendar year, a fresh series being commenced at the beginning of each year.

Rule - 43.

The seal of the Registrar of Chitties shall be affixed to the Registration certificate and on every sheet bearing the signature of the Registrar of Chitties with endorsement as to the total number of sheets.

Rule - 44.

After the variola is registered, the foreman shall supply a pass book containing a true copy of the variola certified as such by him to each subscriber or persons authorised by the subscriber who shall acknowledge receipt of the same and the foreman shall file the acknowledgments obtained as specified in Section 10.

Rule - 45.

The pass books so supplied shall bear the seal of the Registrar of Chitties. The pass book shall be in Form No. VIII.

Rule - 46.

The foreman shall supply a pass book to the substituted subscriber which shall also bear the seal of the Registrar of Chitties.

Rule - 47.

The fact of the return of the original variola shall be acknowledged by the foreman or by his duly authorised agent on the duplicate retained in the office of the Registrar of Chitties. 

CHAPTER V FILING OF DOCUMENTS WITH THE REGISTRAR OF CHITTIES

Rule - 48.

Every copy of a chitty record or document or entry thereof presented by the foreman or his authorised agent for filing in the office of the Registrar of Chitties shall be certified to be a true copy by the foreman.

Rule - 49.

The foreman shall produce at the time of filing, the original of the record, document or entry for the purposes of inspection and verification by the Registrar of Chitties.

Rule - 50.

If by a special resolution the place where a chitty is being conducted is altered as to result in the change of jurisdiction of the Registrar of Chitties who registered the chitty, a report of the fact shall be made by that Registrar of Chitties to the Inspector General of Registration with a copy to the Registrar of the concerned District or Districts after the transfer of the entire file relating to the chitty to the office of the Registrar of Chitties having jurisdiction in the place where the chitty is to be conducted.

Rule - 51.

The minutes of proceedings of every drawing of a chitty shall be in Form No. IX.

Rule - 52.

The special resolution shall be in Form No. X.

Rule - 53.

The acknowledgment referred to in clause (b) and sub-section (4) of Section 11 shall be in Form No. XI.

CHAPTER VI SECURITY TO BE GIVEN BY THE FOREMAN

Rule - 54.

The bond executed by the foreman under clause (a) of sub-section (1) of Section 15 shall be duly registered under the Registration Act, 1908.

Rule - 55.

Where immovable property is offered as security by the foreman, and the bond executed by the foreman under Rule 54 is registered in an office different from the office of the Registrar of Chitties having jurisdiction over the chitty, the foreman shall file with the Registrar of Chitties a certified copy of such bond.

Rule - 56.

A foreman of a chitty proposing to give immovable property as security for the conduct thereof shall apply to the Registrar of Chitties in Form No. XII. An application under this rule shall clearly furnish the correct and complete information regarding the property offered as security. The application shall be accompanied by an encumbrance certificate for 24 years relating to the property and documents of title to the property.

Rule - 57.

The Registrar of Chitties shall, by inspection of the property and examination of the records produced by the foreman, satisfy himself as to the sufficiency of the security for the realisation of twice the chitty amount.

Rule - 58.

The Registrar of Chitties inspecting the property under Rule 57, shall be entitled to travelling and other allowances permissible under the K.S. R. which shall be met by the foreman.

Rule - 59.

The foreman shall remit into the office of the Registrar of Chitties the fee prescribed under Rule 58.

Rule - 60.

Where the property offered as security is situate outside the jurisdiction of the Registrar of Chitties having jurisdiction over the chitty the inspection of the property shall, under the orders of the Inspector General of Registration, be made by the Registrar of Chitties having jurisdiction over such property who shall forward a report to the Registrar of Chitties concerned as to the sufficiency of the security.

Rule - 61.

If the security offered is accepted as sufficient by the Registrar of Chitties, he shall record in writing on the application a certificate of sufficiency in Form No. XIII and attach a statement of valuation made.

Rule - 62.

The Registrar of Chitties shall forward a copy of the report fully describing the valuation of the property in Form No. XIV to the Registrar of the District concerned and it shall be scrutinised by him and filed in his office.

Rule - 63.

If the security offered is not accepted the Registrar of Chitties shall give the applicant an endorsement to that effect.

Rule - 64.

In case of cash security the deposit shall be made in the approved Bank and the amount so deposited shall be transferred in favour of the Registrar of Chitties. The Registrar of Chitties shall thereupon intimate the Bank concerned that the security amount shall not be disbursed except with the written sanction of the Registrar of Chitties or of a competent Court.

Rule - 65.

The Registrar of Chitties shall after the termination of the chitty and after satisfying himself that the claims of all subscribers who have demanded payment have been fully satisfied and in respect of non-prized defaulted subscribers, the amount due to them has been deposited in separate accounts in the approved Bank, by the foreman and pledged with the Registrar of Chitties, order the replace the security furnished by the foreman under sub-section (i) of Section 15 or the security substituted under sub-section (6) of Section 15 as the case may be, and in doing so shall follow the procedure prescribed hereunder.--

(1)     A declaration to the effect that no amount is due to any of the subscribers and to the Government shall be filed by the foreman along with the application for the release of security.

(2)     There shall be filed all the balance sheets duly audited.

(3)     The Registrar of Chitties on satisfying himself as to the correctness in the statements shall forward a notification to the Superintendent of Government Presses through the Inspector General of Registration for publication in the Gazette:

[6][Provided that in respect of Chitties conducted by a company owned by the Government of Kerala, the notification shall also be published at least in two daily newspapers having widest circulation in that area of which one shall be in the regional language.]

Rule - 66.

The security shall be released to the foreman with a letter of authority to the Bank after a lapse of 30 days from the date of publication of the notification if no objections in this behalf are received:

[7][Provided that in respect of Chitties conducted by a company owned by the Government of Kerala, the above period of 30 days shall be counted from the date of publication of the notification in the Gazette or in the daily newspaper, whichever is earlier.]

Rule - 67.

For the release of a part of the security, necessary details shall be furnished by the foreman and the Registrar of Chitties shall satisfy himself that the security left after release of the part is sufficient to satisfy the outstanding claims of all the subscribers.

CHAPTER VII RIGHTS AND DUTIES OF THE FOREMAN AND THE BOOKS TO BE KEPT BY HIM

Rule - 68.

The foreman shall bear all expenses in connection with the conduct of the chitty from the commission prescribed in clause (b) of sub-section (1) of Section 16.

Rule - 69.

The security referred to in clause (d) of sub-section (1) of Section 16 shall either be property security or personal security. In the case of personal security it shall be supported by two sureties if the foreman so desires.

Rule - 70.

If there is any difference of opinion between the foreman and the prized subscriber regarding the personal security, the decision of the Registrar of the District In the matter shall be binding on both parties.

Rule - 71.

The intimation referred to in sub-section (2) of Section 17 shall be sent by registered post with acknowledgment due.

Rule - 72.

The Register required to be kept under sub-section (1) of Section 18 shall be in Form No. XV.

Rule - 73.

The book containing minutes of proceedings mentioned in sub-section (1) of Section 13 shall be in Form No. IX referred to in Rule 51.

Rule - 74.

The ledger required to be kept under sub-section (3) of Section 18 shall be in Form No. XVI.

Rule - 75.

The foreman of a chitty shall keep the following records also:--

(a)      a day book in Form No. XVII;

(b)      A register of subscribers in Form No. XVIII;

(c)      A file of documents relating to the security offered by the prized subscribers;

(d)      Receipt Book;

(e)      Notice Book; and

(f)       A file containing the letters of authorisation of the subscribers for subscribing his name in the variola and for participating in the auction of the chitty.

CHAPTER VIII AUDITING OF BALANCE SHEET

Rule - 76.

The annual balance sheet to be prepared by the foreman under Section 20 shall be in Form No. XIX.

Rule - 77.

The balance sheet referred to in Section 20 shall be presented before the Registrar of Chitties in triplicate by the foreman along with the prescribed audit fee for the purpose and with a written request in Form No. XX. The Registrar of Chitties shall forward the request to the Chitty Auditor, within seven days from the date of request and the Chitty Auditor shall intimate the foreman the time, date and place of the audit by means of a notice in Form No. XXI and shall demand the foreman to produce the required records of the chitty.

Rule - 78.

Every balance sheet so prepared shall be for a period of twelve months from the date of commencement of the chitty and there shall be a separate balance sheet for the remaining period even if it shall not cover 12 months.

Rule - 79.

The first balance sheet shall be prepared and presented before the Registrar of Chitties within fifteen months from the date of commencement of the chitty and the succeeding balance sheets within twelve months thereafter.

Rule - 80.

Balance sheets are also required for chitties the duration of which is less than one year.

CHAPTER IX FOREMAN, IF PRIZED SUBSCRIBER TO GIVE SECURITY

Rule - 81.

The notice referred to in sub-section (1) of Section 24 shall be sent by registered post with acknowledgement due.

Rule - 82.

The security to be furnished by a foreman who gets the prize amount shall either be cash deposited in an approved bank, or a security bond executed with two personal sureties or a bond executed charging immovable property.

Rule - 83.

Withdrawals from the deposit can be effected by the foreman with the approval of the Registrar of Chitties to meet the payments in connection with the installments of the Chitty as and when they fall due.

Rule - 84.

The funds shall not be utilised or appropriated for any purpose other than for the payment of installment pertaining to the prized ticket.

CHAPTER X TRANSFER OF RIGHTS OF THE FOREMAN AND THE NON-PRIZED SUBSCRIBER

Rule - 85.

A foreman intending to transfer the rights under sub-section (1) of Section 30 shall apply in writing to the Registrar of Chitties.

Rule - 86.

The Registrar of Chitties shall, thereupon, give notice in writing to the non-prized and unpaid prized subscribers inviting objections, if any, within seven days from the date of notice.

Rule - 87.

The Registrar of Chitties shall conduct such enquiries as he deems fit and shall hear objections if any and pass orders either sanctioning or rejecting the application.

Rule - 88.

Any person aggrieved by the order of the Registrar of Chitties may within thirty days of receipt of the order appeal to the Inspector General of Registration whose orders thereon shall be final. 

CHAPTER XI TERMINATION OF CHITTY

Rule - 89.

When a copy of the consent referred to in clause (b) of Section 36 is presented for filing in the office of the Registrar of Chitties, the Registrar of Chitties shall file the same and if there is any doubt regarding the genuineness of the consent, he shall forward the same to the Registrar of the District for orders. The Registrar of the District shall investigate the genuineness of the consent through the Chitty Inspector, after summoning the signatories of the consent if necessary, and pass orders regarding the genuineness. The Registrar of Chitties shall take, appropriate action against the foreman as per Section 63 if the consent is not genuine.

CHAPTER XII INSPECTION OF DOCUMENT

Rule - 90.

All the records of the Chitty shall be open to inspection at any time on demand by the Inspecting Officer.

Rule - 91.

Not less than seven days, notice in writing shall be given to the foreman before the Inspecting Officer inspects the Chitty Records kept by the foreman.

Rule - 92

Report of every inspection of any chitty, by an inspecting officer other than the [8][Assistant Inspector General of Registration (Chit Schemes)] shall be submitted to the District Registrar, Chitty Administration, Headquarters.

Rule - 93.

The Inspector General Registration and [9][Assistant Inspector General of Registration (Chit Schemes)] shall be Inspecting Officers throughout the State of Kerala and the Registrars of the Districts and Chitty Inspectors shall be the Inspecting Officers within their respective jurisdiction.

Rule - 94.

The Registrar of Chitties shall be the Inspecting Officer of Chitties within his jurisdiction.

CHAPTER XIII REGISTRATION OFFICE

Rule - 95.

Every Registrar of Chitties shall have a seal for the purpose of Registration of Chitties.

Rule - 96.

The seal shall be kept in the personal custody of the Registrar of Chitties.

Rule - 97.

The seal of the Sub Registrar shall be used for the purpose of these rules until otherwise ordered) by Government.

Rule - 98.

The Registrar of Chitties shall issue receipts to the foreman for fees received by him in respect of documents and other records filed with him.

Rule - 99.

A Registrar of Chitties may with the previous sanction of the [10][Assistant Inspector General of Registration (Chit Schemes)] refund to a foreman any fee levied in excess of that prescribed by the rules.

Rule - 100.

There shall be kept in every office of the Registrar of Chitties, the following records:-

(i)       A register showing chitties registered in the office with the details regarding the register number of the chitty, the name of the foreman, the chitty amount, the number of installments in the chitty, the date of filing of minutes and the date of each installment of the chitty in Form No. XV (as referred to in Rule 72). The Registrar of Chitties shall affix his signature in token of having entered the details in the Register;

(ii)      A Register showing the details regarding the offence and the compounding fee realised and the orders of the [11][Assistant Inspector General of Registration (Chit Schemes)] ratifying the realisation in Form No. XXII;

(iii)     A file regarding each chitty containing an index of the receipt of documents of the chitty;

(iv)    A Register showing the fees realised on account of chitties in Form No. XXIII;

(v)      A file book containing applications for permits under sub-section (1) of Section 5 and accounts therefore;

(vi)    A Register showing the names of permit holders;

(vii)   A Register showing the prosecutions launched under the Act;

(viii)  A file regarding general correspondence;

(ix)    A Register showing the details of security furnished by the Chitty Foreman in Form NO. XXIV.

Rule - 101.

All books, papers and documents relating to Chitty shall be kept in the office of Registrar of Chitties in safe custody.

Rule - 102.

The records of a chitty shall be preserved in the office of the Registrar of Chitties for twelve years from the date of termination of the chitty.

Rule - 103.

The records of the chitty shall be destroyed by the Registrar of Chitties after obtaining the previous sanction of the [12][Assistant Inspector General of Registration (Chit Schemes)] on the expiry of the time limit prescribed in Rule 102.

Rule - 104.

A notice shall be published in the office of the Registrar of Chitties regarding the destruction of the Records three months prior to the date of destruction of such records.

CHAPTER XIV PROSECUTION AND COMPOUNDING OF OFFENCES

Rule - 105.

[13][Assistant Inspector General of Registration (Chit Schemes)] is empowered under section 62 to compound any offence punishable under the Act.

Rule - 106.

The Registrar of Chitties or an inspecting officer, other than the Inspector General of Registration, shall, if he is satisfied that there are grounds to institute prosecution under the Act, submit to the [14][Assistant Inspector General of Registration (Chit Schemes)] a full report of the case setting forth the grounds in detail. On receipt of such report the [15][Assistant Inspector General of Registration (Chit Schemes)] shall consult the Prosecuting Inspector, in the matter, and if the Prosecuting Inspector so recommends shall, issue necessary orders to prosecute the foreman.

Rule - 107.

No prosecution shall be instituted by the Registrar of Chitties or by an Inspecting Officer other than the Inspector General of Registration except with the previous sanction of the [16][Assistant Inspector General of Registration (Chit Schemes)]. The initial notice to the foreman shall be sent in Form No. XXV.

CHAPTER XV WINDING UP OF CHITTIES

Rule - 108.

The Companies (Court) Rules, 1959, issued under the Companies Act, 1956 (Central Act 1 of 1956), relating to the winding up of companies shall, so far as may be, apply to the winding up of chitties under the Act. 

CHAPTER XVI FEES

Rule - [109.

The following fees shall be levied under sub-section (1) of Section 59:

 

 

Rs.

Ps.

(1)

For permit under Section 5

10

00

(2)

For the registration of variola under Section 8

 

 

 

(a) When the chitty amount does not exceed Rs. 500

10

00

 

(b) When the chitty amount exceeds Rs500 but does not exceed Rs. 1000

[17][30

00]

 

(c) When the chitty amount exceeds Rs. 1000 for every Rs.500 or part thereof

[18][15

00]

(3)

For filing with the Registrar copies of documents as required by--

 

 

 

(a) Sub-section (3) of Section 11

20

00

 

(b) Sub-section (1) of Section 14, sub-section (3) of Section 24 and sub-section (2) of Section 33

[19][10 

00] each

(c) Section 37

100

00

(4)

Inspection of documents under sub-section (1) of Section 58 for any one year

4

00

 

Inspection of documents of every additional year Inspection of documents of every additional year

2

00

(5)

For a copy of certificate of registration under Section 58 in respect of each entry

10

00

(6)

Copy or extract of any other documents of the chitty

Re. 1 for every 100 words or part thereof

(7)

Audit of balance sheets and issue of audit certificates--

(a) When the chitty amount does not exceed Rs.500

10

00

 

(b) When the chitty amount exceeds Rs. 500 but does not exceed Rs. 1,000

20

00

 

(c) When the chitty amount exceeds Rs. 1,000 for every Rs500 or part thereof (Subject to a maximum Rs250)

10

00

(8)

For filing balance sheet audited and certified by a Chartered Accountant

(Same as for item 7 above)

(9)

Application for sanction to start a chitty under sub-section (1) of Section 3

15

00][20]

Rule - 110.

The Travancore Chitties Rules issued under the Travancore Chitties Act, 1120, and the Rules issued under the Cochin Kuries Act, VII of 1107 and the Cochin Starting of Kuries (Restriction) Act, XII of 1120 are hereby repealed:

Provided that such repeal shall not affect in any manner the operation of those rules in respect of chitties started before the commencement of the Act.



[1] Published in K.G. Ext. No. 481 dt. 25/08/1975 as SRO. No. 720/75. 

 

[2] Substituted by SRO. No. 1481/84, published in K.G. No. 48 dt. 04/12/1984. 

 

[3] Substituted by SRO. No. 1481/84, published in K.G. No. 48 dt. 04/12/1984. 

 

[4] Substituted by SRO. No. 1481/84, published in K.G. No. 48 dt. 04/12/1984. 

 

[5] Substituted by SRO. No. 1481/84, published in K.G. No. 48 dt. 04/12/1984. 

 

[6] Added by Notification G.O. (P) No. 77/2002/TD dt. 30/05/2002, published as SRO. No. 461/2002 in K.G. Ext. No. 797 dt. 08/06/2002. 

[7] Added by Notification G.O. (P) No. 77/2002/TD dt. 30/05/2002, published as SRO. No. 461/2002 in K.G. Ext. No. 797 dt. 08/06/2002. 

[8] Substituted by SRO. No. 1481/84, published in K.G. No. 48 dt. 04/12/1984.

[9] Substituted by SRO. No. 1481/84, published in K.G. No. 48 dt. 04/12/1984.

[10] Substituted by SRO. No. 1481/84, published in K.G. No. 48 dt. 04/12/1984. 

[11] Substituted by SRO. No. 1481/84, published in K.G. No. 48 dt. 04/12/1984. 

[12] Substituted by SRO. No. 1481/84, published in K.G. No. 48 dt. 04/12/1984. 

[13] Substituted by SRO. No. 1481/84, published in K.G. No. 48 dt. 04/12/1984.

[14] Substituted by SRO. No. 1481/84, published in K.G. No. 48 dt. 04/12/1984.

[15] Substituted by SRO. No. 1481/84, published in K.G. No. 48 dt. 04/12/1984.

[16] Substituted by SRO. No. 1481/84, published in K.G. No. 48 dt. 04/12/1984.

[17] Substituted by GO. (P) 177/93/TD 0123/12/1993 as SRO. No. 186/94, published in K.G. No. 5 dt. 01/02/1994, for "20.00".

[18] Substituted by G.O. (P) No. 208/95/TD dt. 07/08/1995, for "10.00".

[19] Substituted by G.O. (P) 177/93/TD dt. 23/12/1993 as SRO. No. 186/94, published in K.G. No. 5 dt. 01/02/1994, 'for "4.00".

[20] Substituted by SRO. No. 1562/84, published in K.G. Ext. No. 1105 dt. 21/12/1984.