section 42
Injunction order
The Andhra Pradesh Chit Funds Act, 1971Finance197167 sections11 chapters
Chapter IX WINDING UP OF CHITS
Statutory text
Injunction order :- The court may, upon the application of the foreman or of any subscriber to whom amounts are due in respect of the chit at any time after the presentation of the application for the winding up of a chit under this Act and before the making of an order for the appointment of an interim
Receiver or for winding-up the chit, restrain further proceedings in any suit or
proceeding instituted against the foreman for the realization of amounts due from the chit upon such terms as the Court thinks fit.
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