GCSA 145 — Officers of banks not to bid at sales.

Gujarat Co-operative Societies Act, 1961

Statutory text

At any sale of movable or immovable property, held under the provisions of this chapter no officer or employee of a 102[land development bank] except on behalf of the bank of which he is an officer or an employee, and no person having or indirectly bid for or acquire or attempt to acquire any interest is such property.

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