Section 25(2)(b) in The M.P. Krishi Upaj Mandi Adhiniyam, 1972
(b)The Chairman and the Secretary of the Market Committee may jointly execute contract or agreement on behalf of the Market Committee where the amount or value of such contract or agreement does not exceed rupees [five thousand] [Substituted by M.P. Act No. 24 of 1986 (w.e.f. 21-7-1986).];