Refusal to hand over the charge to new Chairperson or Vice-Chairperson.

(1) On election of the Chairperson or Vice-chairperson, as the case may be. the outgoing Chairperson or Vice-Chairperson shall forthwith hand over the charge ot'his office to the successor in office. (2) If the outgoing Chairperson or Vice-Chairperson fails or refuses to hand over the charge of his office, under sub-section (1). the MD may, by order in writing, direct the outgoing Chairperson or Vice-Chairperson ', as the case may be, forthwith to haidover the charge of his office together with all records, funds and property of the Market Committee, if any. in his possession. (3) If the outgoing Chairperson or Vice-Chairperson to whom a direction has been issued under sub-section (2) does not comply with such direction, the Managing Director or any Officer authorized in this behalf shall have the same powers as are vested in a Ck ii Court under the code of Civil Procedure. 1908 (5 of 1908). while executing a decree.