Rule 12, Maharashtra Mines and Minerals (Development and Regulation) Act, 1957 (Fees) Rules, 2006 [SCA-BRA]
As at 7 September 2026. In force from 26 June 2006.
Safe custody.—Every auctioneer shall keep every chit agreement to which these rules apply in a receptacle or place reserved for the purpose at the premises where the sale of goods by auction is carried on, shall record in Form B the description of every chit agreement so kept and the date on which it was received, and shall furnish a copy of the record to the Warehousing Development and Regulatory Authority within sixty days of the close of each year.
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