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REGISTRAR OF FIRMS, SOCIETIES AND CHITS, UTTAR PRADESH v. SECURED INVESTMENT COMPANY, LUCKNOW AND ANOTHER (2)

Citation: [1988] 2 S.C.R. 456

Court: Supreme Court of India

Bench: B.C. RAY, K. JAGANNATHA SHETTY

Case summary

The Registrar of the firms will, while faking action ·against the persons or firms under the Act, take care to see that the members of the scheme are not denied, their contributions or prizes which they are legitimately entitled to, if the prize chit is allowed to be run for...

Judgment text

The Registrar of the firms will, while faking action ·against the persons or firms under the Act, take care to see that the members of the scheme are not denied, their contributions or prizes which they are legitimately entitled to, if the prize chit is allowed to be run for...