Chit fund companies take any irregularity your rights as an investor are quite limited.
Broadly, these companies under the Ministry of Corporate Affairs Needhi are registered as a company. Chit fund individually operate under Acts of States and their regulation in a way that state governments. In the event of any fraud, you go to the police have no choice but to sue for fraud. Even then there's no guarantee your money will be back. It is advisable that you make note of chit fund invests in some time.
You may file a complaint with the Ministry of Corporate Affairs, but not much in the hands of the Ministry.will take time. Otherwise the same security precautions that are responsible only for their decisions.
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