พระยามานวราชเสวี (ปลอด วิเชียร ณ สงขลา)
พลเรือตรี หลวงธำรงนาวาสวัสดิ์ (ถวัลย์ ธำรงนาวาสวัสดิ์)
พันเอก พระยาพหลพลพยุหเสนา (พจน์ พหลโยธิน)
ศาสตราจารย์ นายแพทย์ ญาใจ (ยาใจ) ณ สงขลา
พระยามโนปกรณนิติธาดา (ก้อน หุตะสิงห์)
พระวรวงศ์เธอ กรมหมื่นพิทยลาภพฤฒิยากร
Due to rigid provisions of your 1975 Kerala Chitties Act, many fund organizers moved to other states and started operating there.
A chit fund comprises a bunch of members, termed subscribers. An organizer, a firm or even a dependable relative or neighbor, delivers the team collectively and administers the activities on the team.
[1] Chit fund firms can sue defaulters in courtroom although the procedure is time-consuming and it is unlikely to supply a timely settlement.[1] It really is up on the chit fund organizers to vet the credit rating-worthiness of subscribers. To lessen the chance of find here default, some organizers also have to have subscribers who earn auctions to post sureties for their potential liabilities.
This portion desires enlargement with: the heritage of chit cash outside of Kerala. You will help by including to it. (April 2019)
The chit fund is claimed to get an institution that has been phai chit handed down given that ancient times.[three] In 1887, William Logan, erstwhile Collector with the Malabar district with the Madras Presidency, described the customized of chit phai chit resources between Good friend groups in that location.
Equally organizers and subscribers in chit money are subjected to credit rating danger article because subscribers could default on their periodic payments.[one] One particular site web Evaluation of knowledge from two chit fund firms identified that 35% of subscribers have defaulted at least the moment in the course of their tenure at one of the businesses and 24% of these have defaulted soon after profitable an auction to the pot.
พระวรวงศ์เธอ กรมหมื่นพิทยลาภพฤฒิยากร
พันเอก หลวงพิบูลสงคราม (แปลก ขีตตะสังคะ)