Incorporation of Gram Panchayat

(1) Every Gram Panchayat shall be a body corporate having perpetual succession and a common seal and shall by its corporate name, sue and be sued. (2) A Gram Panchayat shall have power to acquire, hold and dispose of property and to enter into contracts: Provided that in cases of acquisition or disposal of immovable property, the Gram Panchayat shall obtain the previous approval of the State Government.