Amendment status not verified — confirm the current text below against the official source.
The Market Committee may write off any fee/user charge or amount whatsoever off irrecoverable due to it, whether under a contract or otherwise, or any amount payable in addition fee etc. therewith if in its opinion such a fee/user charge or an amount is irrecoverable: Compounding of offences. Power to remove encroachment on market yard. use of weighi:1g instruments, weight and measure, their inspection. " Provided that the Market Committee shall, before writing off any such fee/ user charge, or amount obtain the sanction of the Managing Director, if the fee or amount exceed rupees Fifty thousand.