State Act

The Maharashtra Co-operative Societies Act, 1960

134. Confirmation of sale.— (1) On effecting the sale by a 6[Co-operative Agriculture and Rural Multipurpose Development Bank] under section 133, the bank shall, in the prescribed manner, submit to the 7[State Co-operative Agriculture and Rural Multipurpose Development Bank] and the Registrar a report setting forth the manner in which the sale has been effected and the result of the sale, and the 8[State Co-operative Agriculture and Rural Multipurpose Development Bank] may, with the approval of the Registrar, confirm the sale or cancel it. (2) Where the sale is effected by the 9[State Co-operative Agriculture and Rural Multipurpose Development Bank] or the Trustee under section 133, the 10[State Co-operative Agriculture and Rural Multipurpose Development Bank] or the Trustee, as the case may be, shall in the prescribed manner submit to the Registrar a report setting forth the manner in which the sale has been effected and the result of the sale, and the Registrar may confirm or cancel the sale.