Amendment status not verified — confirm the current text below against the official source.
Prohibition of bidding.-(l) No member or servant of a Panchayat or any officerhaving any duly to perform In connection with the sale of movable or Immovable property under this Act shall directly or Indirectly bid for or acquire interest in any property sold at such sale. (2) Any person who contravenes the provisions of sub-section (1) shall on conviction, be punished with fine which m~y extend to two hundred fifty rupees and if he is an officer or servant of a Panchayat, he shall also be liable to be removed from service.