A chit in law can have different meanings depending on the context. Here are some possible definitions based on the search results:
- A chit can refer to a transaction by which a foreman enters into an agreement with a number of subscribers that every one of them shall subscribe a certain sum of money, and that the foreman shall become entitled to the whole sum subscribed, upon condition of his producing a certain number of subscribers.
- A chit can also refer to a small piece of paper or note used to keep track of something, such as a meal order or a tally of goods received.
- In India, a clean chit is a certificate of exoneration given by law enforcement agencies to suspects in a crime.
Its important to note that the term "chit" may have different meanings in different legal contexts, so it's always best to consult a legal expert or refer to the specific law or regulation in question for a more precise definition.
