Amendment status not verified — confirm the current text below against the official source.
the conditions in which he may be appointed or removed, or the powers and functions which he may exercise and the expenses of management and remuneration which he may receive ; precribe the circumstances in which action may be taken by a Land Development Bank against a mortgagor under section 133 (2) ; prescribe, in case of sale of immovable property under Chapter XI— (a) the procedure for proclamation and conduct of the sale and the conditions on which an attempt of sale may be abandoned ; (b) the method of calculating the expenses incidental to the sale or attempted sale ; (c) the procedure for the receipt of deposit and disposal of the proceeds of sale ; (d) the procedure for a resale if any attempted sale is abandoned or the purchase money is not deposited within the presoribed time aid the penalty to be levied against the purchaser who fails so to deposit the pur- chase money ; (e) the form and method of disposal of money by a. Land Development Bank under section 135 ; (f) the form of sale certificate under section 136 ; (g) the procedure for the delivery by the Court of the property purchased to the purchaser under section 136; (h) the form of the notice referred to in section 143 ; and (i) the fee payable for the service of such notices and the manner of serving such. notice on, and of the trans- mitting landlords’ fee to, the landlord named in such notice: ; (vaiii) prescribe the time within which and the procedure according to which property purchased by a Land Development Bank at a sale of immovable property under Chapter XI shall be disposed of by the bank ; (ixix) prescribe the procedure to be followed in presenting and deepoeing of appeals ; (lxx) pnescribe the qualifications of the members of the Tribunal ; (lxxi) presaribe the method of communicating or publishing any order, decision or aWard required to be communicated or published under this Act or the Rules ; (lxxii) prescribe in the case of ?appeale lying to the State Govern- ment the authority to which power of hearing appeals may be delegated; (lxxiii) provide that the contravention of any of the rules shall be an offence under the Act ; (lxxiv) provide for all other matters expressly required or allowed by this Act to be preteribed by rules ; (3) The power to make rules conferred by this section is subject ?to the condition of the rules being made after previous publication ; 5g (4). All rules made under this section shall be laid for not less : the Legislature may make during the Session in which the \ bid or the session immediately following. 'y' 81‘930 76 Repeal, u- ving and construction, Companies Act not to aPPly