https://www.taxtmi.com/caselaws?id=174927 The Kerala HC held that a State chit law in the concurrent field could not, on the basis of subscriber residence alone, compel registration and compliance for chits started and conducted outside Kerala, as that created extra-territorial effect and conflict with the Central regime; the amendment was therefore beyond State legislative competence and invalid to that extent. It further held that the Kerala Chitties Act, 1975 was not repealed in Kerala because the Chit Funds Act, 1982 had not been notified into force there. The amendment also failed as an unreasonable restriction on business and did not gain Ninth Schedule protection merely because the parent Act was included there. A mandamus to compel notification of the Central Act was refused. en-us Tue, 31 May 2005 00:00:00 +0530 Wed, 28 Oct 2015 17:56:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174927 The Kerala HC held that a State chit law in the concurrent field could not, on the basis of subscriber residence alone, compel registration and compliance for chits started and conducted outside Kerala, as that created extra-territorial effect and conflict with the Central regime; the amendment was therefore beyond State legislative competence and invalid to that extent. It further held that the Kerala Chitties Act, 1975 was not repealed in Kerala because the Chit Funds Act, 1982 had not been notified into force there. The amendment also failed as an unreasonable restriction on business and did not gain Ninth Schedule protection merely because the parent Act was included there. A mandamus to compel notification of the Central Act was refused. Case-Laws Service Tax Tue, 31 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174927