Section 56: Notification of winding up order

Q: What does Section 56 of The Chit Funds Act, 1982 (TCFA) deal with?

Section 56 TCFA pertains to "Notification of winding up order". It is part of the The Chit Funds Act, 1982, a legislation enacted by the Parliament of India. Section 56 of The Chit Funds Act, 1982 (TCFA) governs notification of winding up order. As verified on 19 May 2026.

Q: Is Section 56 TCFA still in force?

Yes, Section 56 of the The Chit Funds Act, 1982 is currently in force across the Republic of India.

Q: What is धारा 56 TCFA?

धारा 56 TCFA is the Devanagari Hindi reference for Section 56 of the The Chit Funds Act, 1982. Section 56 of The Chit Funds Act, 1982 (TCFA) governs notification of winding up order. As verified on 19 May 2026.

Q: What is Dhara 56 TCFA?

Dhara 56 TCFA is the Roman Hindi reference for Section 56 of the The Chit Funds Act, 1982. "Dhara" means "Section" in Hindi. Section 56 of The Chit Funds Act, 1982 (TCFA) governs notification of winding up order. As verified on 19 May 2026.

Q: How to cite Section 56 of The Chit Funds Act, 1982?

Cite as: "Section 56, The Chit Funds Act, 1982 (TCFA)" in legal briefs. For academic writing, use the BlueBook format: The Chit Funds Act, 1982, 1982, § 56 (India).

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Tuesday, 28 July 2026

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Table of Contents

The Chit Funds Act, 1982

Chapter I — Full Text

Section 56

Notification of winding up order

On the making of a winding up order, the Registrar shall make an entry in his book relating to the chit and shall notify in the official Gazette that the order has been made.

Related Sections

§55

Suits, etc., to be stayed on winding up order

TCFA

§57

Cessation of winding up proceedings on insolvency of foreman, etc., or the winding up of the company and transfer of such proceedings

TCFA

§1

Short title, extent and commencement

Act to override other laws, memorandum, articles, etc

TCFA

§4

Prohibition of chits not sanctioned or registered under the Act

TCFA

Printed from Law on Tips • The Chit Funds Act, 1982

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Table of Contents

The Chit Funds Act, 1982

Chapter I — Full Text

Section 56

Notification of winding up order

On the making of a winding up order, the Registrar shall make an entry in his book relating to the chit and shall notify in the official Gazette that the order has been made.