section 18
Books to be kept by foreman
The Kerala Chitties Act, 1975General197573 sections12 chapters
Part III Part III
Statutory text
Books to be kept by foreman.—The foreman shall keep—
- (1) a register containing—
- (a) the names and full address of the subscribers together with the number of shares held by each subscriber;
- (b) the dates on which the subscribers signed the variola; and
- (c) in case of assignment by a subscriber, the name and full address of the assignee with the date of the assignment and the date on which the assignment has been recognized by the foreman;
- (2) a book containing the minutes of the proceedings mentioned in sub-section
- (1) of section 13;
- (3) a ledger containing—
- (a) the amount paid by the subscribers and the dates of such payments;
- (b) the amount paid to the prized subscribers with the dates of such payments; and
- (c) in case of deposit in bank, the date and amount of such deposit;
- (4) such other books, including a day book, as may be prescribed from time to time by the Government.
Study data processing for this section.
PDF: pending for this language.