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Section72
The Chit Funds Act, 1982

Private transfer of property made after issue of certificate void against foreman

In force From 02 Apr 1984 Act 40 of 1982 As on 17 Oct 2026

Act 40 of 1982 Ministry Finance Enacted 19 Aug 1982 In force 02 Apr 1984

Section 72 of the Chit Funds Act, 1982 deals with private transfer of property made after issue of certificate void against foreman. Any private transfer of delivery of, or encumbrance or charge on, property made or created after the issue of the certificate by the Registrar under section 71 shall be null and void against the foreman on whose application the said certificate was issued. The Act came into force on 02 Apr 1984.

Any private transfer of delivery of, or encumbrance or charge on, property made or created after the issue of the certificate by the Registrar under section 71 shall be null and void against the foreman on whose application the said certificate was issued.

Section 72, 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

  1. s. 71 Money how recovered

Questions about Section 72

What does Section 72 of the Chit Funds Act deal with?

Section 72 of the Chit Funds Act is headed "Private transfer of property made after issue of certificate void against foreman". Any private transfer of delivery of, or encumbrance or charge on, property made or created after the issue of the certificate by the Registrar under section 71 shall be null and void against the foreman on whose application the said certificate was issued.

How do I find court cases under Section 72 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 72, section 72 Chit Funds Act 1982, section 72 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 72 of the Chit Funds Act, and has it changed?

Its own text turns on section 71 (Money how recovered), so none of them can safely be read on its own.

When did Section 72 of the Chit Funds Act come into force?

Section 72 of the Chit Funds Act, cited as Chit Funds Act 1982 72, 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

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.