Can a chitfund company deduct 5% of the chit value from the amount paid by a member after removing the member, towards breach of contract, though admitting another member in place of the removed member?
Srinivas K (Propreitor) 11 January 2011
Can a chitfund company deduct 5% of the chit value from the amount paid by a member after removing the member, towards breach of contract, though admitting another member in place of the removed member?