CHAPTER VI 

Regulation of Trading 

31. Regulation of persons operating in market area.- No ;person shall, in respect of any notified agricultural produce , operate in the market area as commission agent, trader, broker, weighman, hammal, surveyor , warehouse-man, owner or occupier of processing or pressing factories or such other market functionary except in accordance with the provision of this Act and the rules and bye-laws made thereunder. 

32.  Power to grant licences.- (1) Every person specified in section 31 who desires to operate in the market area shall apply to the market committee for grant of a licence or renewal thereof in such manner and within such period as may be prescribed by bye-laws. 

  (2)  Every such application  shall be accompanied by such fee as the Director may, subject to the limits prescribed specify in this behalf.  

  (3)  The market committee may grant or renew the licence or for reasons to be recorded in writing refuse to grant or renew the licence: 

            1 [Provided that if the market committee fails to grant or renew a licence within a period of six weeks from the date of receipt of application therefore the licence shall be deemed to have been granted or renewed , as the case may be.]           

            2 [Provided further that the licence shall not be renewed ,if any Mandi Committee dues including dues under the Madhya Pradesh Nirashriton Avam Nirdhan Vyaktion Ki Sahayata Adhiniyam,1970 are outstanding against the applicant: 

            Provided also that no licence shall be granted to a minor]. 

            (4) All licences granted or renewed under this section shall be subject to the provisions of this Act and the rules and bye-laws made thereunder. 

            3 [(5) No commission agent or a broker or both shall act in any transaction between the agriculturist-seller or trader-purchaser, on behalf of an agriculturist seller  nor shall he deduct any amount towards commission or dalali from the sale proceeds payable to the agriculturist-seller.] 

32-A. Licence for more then One Market areas- 

4["32-A  (1) Every person specified in Section 31 who desires to operate in more than one market areas, shall apply to such authority/officer notified by the State  Government for grant of a licence or renewal or renewal thereof in such manner and within such period and on such conditions as may be prescribed in the rules.     

 

1.             Subs. by M.P. 18 of 1979 [7.6.79] for the following:-

                "Provided that if the market committee fails to grant a licence within a period of six weeks or renew a licence within a fortnight from the date of receipt of application therefor the licence shall be deemed to have been granted or renewed as the case may be."

2.             Added by M.P. Act 27 of 1997 [15.6.1997]

3.             Sub-section (5) was deleted by M.P. 24 of 1986 [21.7.86], and again inserted by M.P. 26 of 1987 [1.6.87]

4.             Ins. by M.P. 15 of 2003[28.4.03]. Page 474(6)


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