Chit Fund Department
Delhi Chit Fund Rules
Chapter XII
MAINTENANCE AND CUSTODY BOOKS,PAPER AND DOCUMENTS ETC.IN THE REGISTRAR'S OFFICE
39. Prevention of chits records.- The records of chit shall be preserved in the office of the Registrar for a period at least 7 years from the date of chit termination of the chit.
40. Destruction of chits records.- The records of chit may be destroyed by the Registrar after obtaining the previous sanction of the Director of chit on or after the expiry of the time limit in prescribed in rule 39.
41. Notice regarding proposed destruction of records.- A notice shall be affixed at a conspicuous place in his office by the registrar regarding the proposed destruction of chits records three months period to the date of destruction.
42. Maintenance of registers and submission of statements.- The Registrar shall maintain such registers and submit such statements and in such form as may be directed by the Director of chits form time to time.