Chit Fund Department
Delhi Chit Fund Rules
Chapter IX
REGISTERS AND BOOKS OF ACCOUNT
31. Maintenance of registers and books of account by a foreman-
(1) In addition to the Registers and books of foreman he shall keep and maintain in relation to each chit separately:-
(a) a true amount of income and expenditure.
(b) a register of subscribers in Form CF VI
(c) a day book in Form CF VII
(d) a file of documents relating to the security offered by prized subscribers.
(e) a receipt book serially numbered and
(f) a notice book.
32. The Registrar may, after serving a notice in writing required a foreman to keep a such other registers and books of accounts and in such form as the registrar in his discretion deems necessary for the safe and fair conduct of the chit business.
33. Preparation and filling of Balance Sheet.-
(1) The annual balance sheet to be prepared by the foreman under section 16 shall be in Form CF VIII
(2) A true copy of the balance sheet certified as such by the foreman and duly audited by the auditor(s) specified in subscription I of section 16 shall be sent by the foreman within 60 days of the year to which it permits.