Powers of write off loss shortages and irrevocerable fees.

Where it is found that any amount due to Market Committee is irrecoverable or should be remitted or whenever any loss of a Committee’s money or store 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 Market Committee may order to write off as lost, irrecovered or remitted as the case may be. Provided that, if in any case the amount is in excess of one hundred rupees such order shall not take effect without the prior approval of the Director.