Decision of Registrar or nominee
Section 69 of the Chit Funds Act, 1982 deals with decision of Registrar or nominee. When a dispute is referred to arbitration under this Chapter, the Registrar or the nominee, may, after giving a reasonable opportunity to the parties to the dispute to be heard, make an award on the dispute, on the expenses incurred by the parties to the dispute in connection with the proceedings an The Act came into force on 02 Apr 1984.
When a dispute is referred to arbitration under this Chapter, the Registrar or the nominee, may, after giving a reasonable opportunity to the parties to the dispute to be heard, make an award on the dispute, on the expenses incurred by the parties to the dispute in connection with the proceedings and the fees and expenses payable to the Registrar or the nominee, and such an award shall not be invalid merely on the ground that it was made after the expiry of the period, if any, fixed for deciding the dispute by the Registrar, and shall, subject to appeal under section 70, be final and binding on the parties to the dispute.
Section 69, The Chit Funds Act, 1982 (Act 40 of 1982).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Judgments citing this section
These may be obiter dicta or a precedent, for you to study. These are the judgments where this section is quoted.
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… vide mortgage deed, dated 27.01.2011, hence the respondent No.1 cannot recover the excess amount from the petitioner than the amount which is mentioned in the mortgage deed and the Award passed by the respondent No.4 was without due process of law and without adhering to the procedure contemplated under Section 69 of the Chit Funds Act. Learned counsel for the petitioner further submits that aggrieved by the award passed by the respondent No.4, the petitioner herein has preferred an appeal before the Respondent No.1 under section 70 of the Chit Fund Acts, 1982 and the appeal was filed as under Telangana Chit Funds Rules, …
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… The petitioner did not appear in spite of the notice and was set ex parte. The 3'^ respondent-the Deputy Registrar of Chits, Tenali, thereafter passed an award dated 31.10.2017 under Section 69 of the Chit Funds Act, deciding that the 4 ^^ respondent Chit Fund Company was, entitled to recover an amount of Rs. 17,67,275/- with interest @18% per annum on the principal amount of Rs. 15,63,040/- from the date of filing the dispute till the date of realization. 4. The petitioner's case is that the notice …
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… The petitioners were the Opponent Nos' 1 to 4 before the learned Deputy Registrar of Chits, Warangal District' and suffered an order passed by the Deputy Registrar on 09 'O3 '2023 in AA/CF/No.4l9 of 2022- 2. By the orcier impugned, the Deputy Registrar of Chits' in exercise of the powers conferred under section 69 of The Chit Funds Act, 1982, found that the disputant (respondent No'l herein)wasentitledtorecoveranamountofRs'3'35'708/-along with interest @ 18"/o per annum on the principal amount of Rs.2,61,960/- and accordingly decreed the proceedings in favour of the disputant and against the opponents including the …
Questions about Section 69
What does Section 69 of the Chit Funds Act deal with?
Section 69 of the Chit Funds Act is headed "Decision of Registrar or nominee". When a dispute is referred to arbitration under this Chapter, the Registrar or the nominee, may, after giving a reasonable opportunity to the parties to the dispute to be heard, make an award on the dispute, on the expenses incurred by the parties to the dispute in connection with the proceedings an
How do I find court cases under Section 69 of the Chit Funds Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Chit Funds Act 1982 69, section 69 Chit Funds Act 1982, section 69 of the Chit Funds Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 69 of the Chit Funds Act, and has it changed?
Its own text turns on section 70 (Appeal against decision of Registrar or nominee), so none of them can safely be read on its own. 2 other provisions in this corpus refer back to it.
When did Section 69 of the Chit Funds Act come into force?
Section 69 of the Chit Funds Act, cited as Chit Funds Act 1982 69, came into force on 02 Apr 1984, having been enacted on 19 Aug 1982. It is in force as at the date shown on this page.
Other sections of this Act
- 2. Definitions795 words
- 6. Form of chit agreement577 words
- 22. Duties of foreman483 words
- 89. Power to make rules471 words
- 20. Security to be given by foreman428 words
- 67. Procedure for settlement of disputes and powers of Registrar or nominee419 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 17 Oct 2026. This page is not a substitute for legal advice.