Power to write off loss, shortage

and irrecoverable fees.-Whenever it is found that any amount due to a Market Committee is irrecoverable or should be remitted or whenever any loss of a committee’s money or stores or other property occurs through the fraud or negligence of any person or for any other cause and the property or money is found to be irrecoverable, the Chairman shall in the case of sum not exceeding 1[one thousand]1 rupees and in the case of sum more than this the Market Committee may order to write-off as lost, irrecoverable or remitted, as the case may be :

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