section 23
Execution of contracts
The Jammu and Kashmir Town Area Act, 1954General195488 of 87 sections available5 chapters
Chapter IV Chapter IV
Statutory text
Execution of contracts.-(1) Every contract made by or on behalf of a Committee, the value or amount whereof exceeds twenty rupees shall be in writing and every such contract shall be signed by the Chairman, (and in his absence by the Vice-Chairman and in the absence of both by the Secretary).
- (2) Every transfer of immovable property belonging to a Committee must be made by an instrument in writing executed by the Chairman or Vice-Chairman and by at least two other members of the Committee whose execution thereof shall be attested by the Secretary and no such transfer of immovable property be made without the previous sanction of the Government.
- (3) No contract or transfer of the nature mentioned in this section executed otherwise than in conformity with the provisions of this section shall be binding on the Committee or the Government.
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