Limitation Act Doesn't Apply To Appeals Preferred Before Collector Under Section 70 Of Chit Funds Act: Andhra Pradesh High Court

The Andhra Pradesh High Court ruled that the Limitation Act does not apply to Section 70 of the Chit Funds Act. This ruling clarifies the legal framework governing disputes related to chit funds. It ensures that legal recourse is available to parties involved in chit fund schemes, even after the usual limitation period. This decision protects the interests of investors and promotes transparency in chit fund operations.