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Section 48: Mode of making contract.

The Meghalaya State Agricultural Produce and Livestock Marketing (Promotion and Facilitation) Act, 2020 (Act No. 9 of 2020)State Act of Meghalaya · Act 9 of 2020

(1) Every contractor agreement entered into by a Market Committee for the purchase, sale, lease, mortgage or other transfer of, or acquisition of interest in immovable property shall, in writing, be executed on behalf of Market Committee jointly by its Chairman and the Secretary, with the sanction of the Market Committee, as may be prescribed.

(2) No contract other than a contract executed as provided in subsection (1) shall be valid and binding on the Market Committee

Where this provision sits

ActThe Meghalaya State Agricultural Produce and Livestock Marketing (Promotion and Facilitation) Act, 2020 (Act No. 9 of 2020)
Section48
Marginal noteMode of making contract.
JurisdictionState of Meghalaya
StatusIn force as published by the source

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