(a) the Commissioner may, -
(i) dispose of by sale or otherwise, any movable property belonging to the Corporation the value of which does not exceed twenty thousand rupees;
(ii) grant a lease not exceeding a period of 10 years, of any immovable property belonging to the Corporation; or
(iii) sell or grant a lease in perpetuity of any immovable property belonging to the Corporation the value of which does not exceed twenty thousand rupees or the annual rent of which does not exceed ten thousand rupees;
(b) in cases not covered by clause (a) the Commissioner may, with the sanction of the Government on recommendation of the Corporation, lease, let out on hire or otherwise transfer any property movable or immovable belonging to the Corporation;
[(c) the consideration for which any immovable property may be sold, leased or otherwise transferred shall not be less than the value at which such immovable property could be sold, leased or otherwise transferred in normal and fair competition:
(d) the sanction of the Government under the aforesaid clauses may be given either generally for any class of cases or specially for any Particular case;
(e) subject to any condition or limitation that may be specified by or under any other provision of this Act, the foregoing provisions of this section shall apply to every disposal of property belonging to the Corporation made under, or for any purposes of this Act;
(f) every case of disposal of property under clause (a) shall be reported by the Commissioner without delay to the Corporation.
Section 164 • Haryana Municipal Corporation Act, 1994
164. Disposal of Property.
haryana-municipal-corporation-act-1994-sec-164.json
•
Section 164
{
"act_title": "Haryana Municipal Corporation Act, 1994",
"act_slug": "haryana-municipal-corporation-act-1994",
"section_label": "Section",
"section": {
"number": "164",
"title": "164. Disposal of Property.",
"chapter": null,
"content": "(a) the Commissioner may, -\n(i) dispose of by sale or otherwise, any movable property belonging to the Corporation the value of which does not exceed twenty thousand rupees;\n(ii) grant a lease not exceeding a period of 10 years, of any immovable property belonging to the Corporation; or\n(iii) sell or grant a lease in perpetuity of any immovable property belonging to the Corporation the value of which does not exceed twenty thousand rupees or the annual rent of which does not exceed ten thousand rupees;\n(b) in cases not covered by clause (a) the Commissioner may, with the sanction of the Government on recommendation of the Corporation, lease, let out on hire or otherwise transfer any property movable or immovable belonging to the Corporation;\n[(c) the consideration for which any immovable property may be sold, leased or otherwise transferred shall not be less than the value at which such immovable property could be sold, leased or otherwise transferred in normal and fair competition:\n(d) the sanction of the Government under the aforesaid clauses may be given either generally for any class of cases or specially for any Particular case;\n(e) subject to any condition or limitation that may be specified by or under any other provision of this Act, the foregoing provisions of this section shall apply to every disposal of property belonging to the Corporation made under, or for any purposes of this Act;\n(f) every case of disposal of property under clause (a) shall be reported by the Commissioner without delay to the Corporation.",
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