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[Cites 0, Cited by 0] [Section 88(3)] [Section 88] [Entire Act]

State of Karnataka - Subsection

Section 88(3)(a) in Karnataka Agricultural Produce Marketing Act 1966

(a)The security deposited or a bank guarantee furnished by a trader shall be subject to a second charge in favour of such of the commission agents as the trader shall be indebted to in respect of the credit purchases for the total amount of such indebtedness.