Chit Fund Department
Government of NCT of Delhi

Delhi Chit Fund Rules

Chapter IV

CERTIFICATE OF COMMENCEMENT

12. Certificate of commencement.-

(1) Every application for certificate of commencement shall be made to the Registrar and shall bear the fee prescribed of the purpose in rule 44 in court fee stamps affixed therein.
(2) The certificate of commencement under sub-section (2) of section 7 shall be in Form CF III.
(3) No order refusing grant of commencement in any case shall be passed by the Registrar without giving the applicant an opportunity of being heard. A copy of every such order shall be sent to the applicant.

13. Certificate under Section 8(2)- The certificate under sub-section (2) of section 8 shall be filed in Form CF IV.