CourtMesh

Section 9: Allotment of corner site

the Karnataka Agricultural Produce Marketing (Regulation of Allotment of Property in Market Yards) Rules, 2004State Rules of Karnataka · 1966

(1) Notwithstanding anything contained in rule 3 but subject to rules 4 and 5 and sub rule

(1) of rule 7 corner site in the market yard shall be allowed through public auction on lease-cum-sale basis to any licensed markets functionary. The procedure specified in sub-rules (1) and (2) of rule 3 shall apply mutatis mutandis for such allotment.

(2) Any person desirous of making an application under this rule shall make an application I Form-III along with an initial deposit which shall not be less than twenty five percent of the value of the site.

(3) The highest bidder shall remit twenty five percent of the bid amount quoted by him after deducting the initial deposit already made within one week from the date of auction failing which the initial deposit made by highest bidder shall be forfeited and the second highest bidder will be given a chance for payment of such amount. In case the second highest bidder also fails to pay the amount the market committee shall hold re-auction.

Where this provision sits

Actthe Karnataka Agricultural Produce Marketing (Regulation of Allotment of Property in Market Yards) Rules, 2004
Section9
Marginal noteAllotment of corner site
JurisdictionState of Karnataka
StatusIn force as published by the source

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

  • Search 49,000+ Central and State enactments by what a provision says, not by its number
  • Jump from any section to every judgment that has applied it
  • Search 300 million+ Indian court records alongside the statute
  • Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? the Karnataka Agricultural Produce Marketing (Regulation of Allotment of Property in Mark… is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.