Amendment status not verified — confirm the current text below against the official source.
(1) Every Market Committee shall have a Chairman and Vice Chairman. The Chairman shall be elected by the elected members of the Market Committee from amongst those who are representatives of agriculturists. The Vice-Chairman shall be elected by the elected members of the Market Committee from amongst themselves; (2) After every general election, the Market Committee shall elect the Chairman and Vice-Chairman at its first general meeting which shall be convened by the Director within one month of the general election. The Chairman and Vice-chairman so elected shall hold office for the full term from the date on which they enter upon their respective offices. (3) The Chairman and Vice-Chairman shall notwithstanding the expiry of their term of office, continue to hold office until their successors enter upon their office. (4) The meeting convened for the election of the Chairman and Vice Chairman shall he presided over by the Director or any officer authorized by him in this behalf. The Director or such officer, when presiding over a meeting, have the same power as the Chairman when presiding over a meeting of the Market Committee hut snail not have the right to vote. (5) If in the election of Chairman and Vice-Chairman, there is an equality of votes, the result of the election shall be decided by lots to be drawn in the presence of the officer presiding in such manner as tie may determine. (6) In the event of dispute, arising as to the validity of the election of a Chairman or Vice-chairman the Deputy Commissioner, if he is the presiding officer, shall decide the dispute himself and in any other case officer presiding shall refer the dispute to the Deputy Commissioner for decision. The decision of the Deputy Commissioner shall subject to an appeal to the Commissioner be final and no suit or other proceeding shall lie in any court of law in respect of such decision. (7) (i) Where the Director is satisfied that books and record of a market Committee are likely to he suppressed, tempered with or destroyed or the funds and property of Market Committee are likely to be misappropriated or misapplied the Deputy Commissioner or the person authorized by him may apply to the executive Magistrate within whose jurisdiction the Market Committee is functioning for seizing and taking possession of the record and property of the Market Committee. (ii) On receipt of the application under sub-section (i) the Magistrate may authorize any police officer not below the rank of Sub-Inspector to enter and search any place where the records and property are kept or are likely to he kept and to seize them and hand over possession thereof to the Deputy Commissioner or the person authorized by him, as the case may be. Resignation by Chairman and Vice Chairman and vacancy in their office