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Section 54: Power to write off irrecoverable amount, etc

The Tamil Nadu Agricultural Produce Marketing Regulation Act, 1987State Act of Tamil Nadu · Act 27 of 1987

A market committee or the Board may write off any amount whatsoever due to it, whether under a contract or otherwise, or any sum payable in connection therewith, if in its opinion, such amount or sum is irrecoverable.

Provided that –

(a) the market committee shall obtain the previous sanction of –

(i) the Director, in every case where the amount or sum to be written off exceeds five thousand rupees, but does not exceed ten thousand rupees; and

(ii) the Government in every case where the amount or sum to be written off exceeds ten thousands rupees.

(b) the Board shall obtain the previous sanction of the Government in every case where the amount or sum to be written off exceeds twenty thousand rupees.

Where this provision sits

ActThe Tamil Nadu Agricultural Produce Marketing Regulation Act, 1987
Section54
Marginal notePower to write off irrecoverable amount, etc
JurisdictionState of Tamil Nadu
StatusIn force as published by the source

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