GCSA 136 — Confirmation of sale.

Gujarat Co-operative Societies Act, 1961

Statutory text

(1) On effecting a sale under section 134, the [Primary Land Development Bank] shall in the prescribed manner, submit to the [State Land Development Bank] and the Registrar a report setting forth the manner in which the sale has been effected and the result of the sale, and the [State Land Development Bank] may, the approval of the Registrar, confirm the sale or cancel it.

(2) where the sale is effected by the [State Land Development Bank] or the Trustee under section 134, the [State Land Development Bank] or the Trustee, as the case may be, shall in the prescribed manner, submit to the Registrar a report setting forth the manner in which the sale has been effected and result of the sale, and the Registrar may confirm or cancel the sale :

Provided that where the Registrar is the Trustee, he shall submit such report to the State Government and the State Government may confirm the sale or cancel it.

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