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[Cites 0, Cited by 0] [Section 7] [Entire Act]

State of Madhya Pradesh - Subsection

Section 7(4) in The M.P. Krishi Upaj Mandi (Allotment of Land and Structure of Market Committee/board) Rules, 2005

(4)No interest shall be paid on the security amount deposited for registration, in the final auction, deposits made by the person/firms etc., making the highest bid shall be retained and the amount deposited by others as security, shall be refunded by Market Committee within a week from the date of conclusion of the auction/tender process.