Commissioner orders on financial transactions
Nandyal - Kurnool, October 26, 2007
The Stamps and Registration department Commissioner, SK Sinha has issued orders to audit on all important Chit Fund companies. He directed the officials to audit the financial transactions that took place in the Chit Fund companies from April 1, 2004 to March 31, 2007.
Among the hit list Chit Fund companies are Margadarsi, Sri Ram Chits, Kapil, Sri Pujita and other Chit Fund companies. He also directed to conduct audit on those who are dealing with Chit fund business, Prize deposits and accepting deposits have also to be taken into consideration.
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