Chit Fund Department
Certificate of Commencement
(Pursuant to Section 7 of the Madras Chit Fund Act, 1961as extended to the Union Territory of Delhi)
On being satisfied that the bye-laws of the chit, particulars of which are given below, have been registered and the chit agreement has been filed and the security required under section 12 has been furnished by the foreman namely .................................... the certificate of commencement is hereby granted to the said foreman in respect of the said chit.
| Chit Reference No. | No. ofSubscribers | No. of Instalments | Chit amount | Date fixed for first draw or auction of chit |
| 1 | 2 | 3 | 4 | 5 |
(SEAL)
Date.....................
Registrar, Chit Funds, Delhi