Section 51: Commencement and effect of winding up order.

Q: What does Section 51 of The Chit Funds Act, 1982 (TCFA) deal with?

Section 51 TCFA pertains to "Commencement and effect of winding up order.". It is part of the The Chit Funds Act, 1982, a legislation enacted by the Parliament of India. Section 51 of The Chit Funds Act, 1982 (TCFA) governs commencement and effect of winding up order. As verified on 19 May 2026.

Q: Is Section 51 TCFA still in force?

Yes, Section 51 of the The Chit Funds Act, 1982 is currently in force across the Republic of India.

Q: What is धारा 51 TCFA?

धारा 51 TCFA is the Devanagari Hindi reference for Section 51 of the The Chit Funds Act, 1982. Section 51 of The Chit Funds Act, 1982 (TCFA) governs commencement and effect of winding up order. As verified on 19 May 2026.

Q: What is Dhara 51 TCFA?

Dhara 51 TCFA is the Roman Hindi reference for Section 51 of the The Chit Funds Act, 1982. "Dhara" means "Section" in Hindi. Section 51 of The Chit Funds Act, 1982 (TCFA) governs commencement and effect of winding up order. As verified on 19 May 2026.

Q: How to cite Section 51 of The Chit Funds Act, 1982?

Cite as: "Section 51, The Chit Funds Act, 1982 (TCFA)" in legal briefs. For academic writing, use the BlueBook format: The Chit Funds Act, 1982, § 51 (India).

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An order for the winding up of a chit shall operate in favour of all the subscribers to whom amounts are due from the foreman and it shall be deemed to have commenced from the date of the presentation of the application for the winding up.