.....DEVELOPMENT BANKS AND SALE OFFICERS NOT TO BID AT SALE 37. At any sale of movable or immovable property held under the provisions of the Act in order to recover any money due to a Agricultural Development Bank, no Director, Secretary or other officer of such Bank (except on behalf of the Bank of which he is director or Secretary or officer) and no sale officer or other person having any duty to perform in connection with such sale, shall, either directly or indirectly, bid for or acquire or attempt to acquire any interest in such property. DELEGATION OF CERTAIN POWERS BY BOARD 38. (1) The Board may, if it think fit, delegate all or any of its powers under section 12, 15 22 and 26 to an executive committee constituted by it and consisting of two or more of its members. POWERS OF GOVERNMENT TO MAKE RULES 39. (1) The State Government may make rules to carry out the purpose of this Act. (2) In particular and without prejudice to the generality of the foregoing power, such rules may provide for :- (i) the manner of effecting distraint; (ii) the custody, preservation and the sale of distrained property; (iii) the investigation of claim by persons other than.....
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