Section 8: Extent of bids and authorization for bidding

The Telangana Forest Contract (Disposal of Forest Produce) Rules, 19777State Rules of Telangana · 1967

(i) Every bidder is permitted to bid upto three times the monetary value of his solvency certificate or cash solvency certificate and cash solvency put together as the case may be.

(ii) No one will be allowed to bid on behalf of another person or a firm without Power of Attorney duly executed on stamp paper of the required value and duly adjudicated by an officer authorized for this purpose under the provision of Indian Stamp (Andhra PradeshExtension and amendment) Act, 1959 (adopted) and unless such Power of Attorney is accepted by the Sale Conducting Officer.

(iii) The act of bidding shall be deemed to be a complete and unreserved acceptance of the rules and conditions of sale.

Where this provision sits

Act	The Telangana Forest Contract (Disposal of Forest Produce) Rules, 19777
Section	8
Marginal note	Extent of bids and authorization for bidding
Jurisdiction	State of Telangana
Status	In force as published by the source

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