Money how recovered
Section 71 of the Chit Funds Act, 1982 deals with money how recovered. Every order passed by the Registrar or the nominee under section 68 or section 69 and every order passed by the State Government in appeal under section 70 for payment of any money shall, if not carried out,-- (a) on a certificate issued by the Registrar, be deemed to be a decree of a Civil Court, a The Act came into force on 02 Apr 1984.
Every order passed by the Registrar or the nominee under section 68 or section 69 and every order passed by the State Government in appeal under section 70 for payment of any money shall, if not carried out,--
(a) on a certificate issued by the Registrar, be deemed to be a decree of a Civil Court, and shall be executed in the same manner as a decree of such Court, or
(b) be executed in accordance with the provisions of any law for the time being in force for the recovery of amounts as arrears of land revenue:
Provided that no application for execution under clause (b) shall be made after the expiry of three years from the date fixed in the order, and if no such date is fixed, from the date of the order.
Section 71, 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.
Related judgements & precedents
These are some judgments that construed this section, and hold precedence value. They hold authority on how to read, interpret and use this section.
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Abdul Mujeeb v. Brindavan Chits Karimnagar (India) Pvt. Ltd.
Court's Decision & Legal Precedent
Awards from s.64 chit arbitration are executable under s.71 (certificate as civil decree / revenue recovery). Decree-holder may proceed against principal debtor or any surety (Contract Act s.128 co-extensive liability); salary attachment under O.XXI R.48 subject to CPC s.60 limits; EP to be decided with full-satisfaction safeguards.
On this section: s.71 money how recovered — execution of Registrar/nominee awards from chit disputes.
The holding above is the ratio decidendi as extracted from the judgment by eCourts India, reproduced unaltered — it is a rendering of the court's reasoning, not a substitute for its words. Read the order itself before relying on it.
Questions about Section 71
What have the courts held on Section 71 of the Chit Funds Act?
Abdul Mujeeb v. Brindavan Chits Karimnagar (India) Pvt. Ltd. (25 Apr 2025) is the leading judgment on this section among those set out below: s.71 money how recovered — execution of Registrar/nominee awards from chit disputes.
How do I find court cases under Section 71 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 71, section 71 Chit Funds Act 1982, section 71 of the Chit Funds Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome. 1 reported judgment on this section is set out on this page, beginning with Abdul Mujeeb v. Brindavan Chits Karimnagar (India) Pvt. Ltd. (25 Apr 2025).
What should I read with Section 71 of the Chit Funds Act, and has it changed?
Its own text turns on section 68 (Attachment before judgment and other interlocutory orders), section 69 (Decision of Registrar or nominee), section 70 (Appeal against decision of Registrar or nominee), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When did Section 71 of the Chit Funds Act come into force?
Section 71 of the Chit Funds Act, cited as Chit Funds Act 1982 71, 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 14 Oct 2026. This page is not a substitute for legal advice.