s 36 Transfer of right of chit fund company to recover contributions to be voidable
36. Any transfer made by the chit fund company of its right to recover the contributions payable by subscribers, who have purchased chit fund amounts, does not defeat or delay the rights of any subscriber who has not purchased a chit fund amount and is voidable at the instance of the subscriber if the transfer is likely to defeat or delay the rights of that subscriber under the terms and conditions of the agreement.
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