พระยามานวราชเสวี (ปลอด วิเชียร ณ สงขลา)
พลเรือตรี หลวงธำรงนาวาสวัสดิ์ (ถวัลย์ ธำรงนาวาสวัสดิ์)
พลเรือตรี หลวงธำรงนาวาสวัสดิ์ (ถวัลย์ ธำรงนาวาสวัสดิ์)
พลเอก หลวงเชวงศักดิ์สงคราม (ช่วง ขวัญเชิด)
พระยามโนปกรณนิติธาดา (ก้อน หุตะสิงห์)
พระวรวงศ์เธอ กรมหมื่นพิทยลาภพฤฒิยากร
As a result of rigid provisions of the 1975 Kerala Chitties Act, a lot of fund organizers moved to other states and began functioning there.
A chit fund comprises a bunch of members, identified as subscribers. An organizer, an organization or maybe a dependable relative or neighbor, delivers the group alongside one another and administers the functions in the team.
[one] Chit fund providers can sue defaulters in court docket but the process is time-consuming and it is unlikely to make a well timed settlement.[one] It's up for the chit fund organizers to vet the credit rating-worthiness of subscribers. To lower the potential risk of default, some organizers go right here also require subscribers who get auctions to submit sureties for their foreseeable future liabilities.
This section requires enlargement with: the heritage of chit money outside of Kerala. You can help by introducing to it. (April 2019)
The chit fund is alleged to get an institution that has been handed down considering the fact webpage that historic moments.[3] In 1887, William Logan, erstwhile Collector of your Malabar district with the Madras Presidency, described the custom check out here of chit resources amid Buddy teams in that region.
Both organizers and subscribers in chit cash are exposed to credit history threat learn more simply because subscribers could possibly default on their periodic payments.[one] official source A single Assessment of information from two chit fund companies identified that 35% of subscribers have defaulted at the least when during their tenure at one among the businesses and 24% of these have defaulted right after profitable an auction for the pot.
เจ้าพระยาอภัยราชามหายุติธรรมธร (หม่อมราชวงศ์ลบ สุทัศน์)
มหาอำมาตย์โท พระยากฤติกานุกรณ์กิจ (ดั่น บุนนาค)