Section 122(2) in Maharashtra Housing and Area Development Act, 1976
(2)The members of a Panchayat including the Sarpanch and Upa-Sarpanch shall be nominated by the Board from amongst the residents of the slum improvement area. The names of the members so nominated shall be published by the Board in the Official Gazette; and on the publication of the names of members in the Official Gazette, the Panchayat shall be deemed to be duly constituted.