The Registrar may, on the application of the foreman or of any subscriber
to whom amounts are due in respect of a chit, at any time after the
presentation of the application for the winding up of the chit under this
Act and before the making of an order for the appointment of an interim
receiver or for the winding up of the chit, restrain any other proceedings
instituted against the foreman for the realisation of amounts due from him
on such terms as the Registrar thinks fit.
Section 51 of Chit Funds Act - Commencement and effect of winding up order
Section 52 of Chit Funds Act - Injunction order
Section 53 of Chit Funds Act - Powers of Registrar
Section 54 of Chit Funds Act - Vesting of chit assets in Registrar or other persons
Section 55 of Chit Funds Act - Suits, etc., to be stayed on winding up order
Section 56 of Chit Funds Act - Notification of winding up order
Section 58 of Chit Funds Act - Award of compensation to foreman
Section 59 of Chit Funds Act - Right to appeal
Section 60 of Chit Funds Act - Limitation