âLaw Masterâsâ Publication
âExecutionâ
Prof. .S. D. Bhosale
106
to property as fairly and accurately as possible-
(a) property or part thereof,
(b) the revenue assessed upon the estate,
(c) encumbrance, if any, upon property,
(d) the amount for the recovery of which sale is ordered, and
(e) every other thing which the Court considers material for a purchaser to know in order
to judge the nature and value of the property (R. 66).
c) Modes of making proclamation (R. 67)-
According to R. 67, every proclamation shall be made and published in the manner
prescribed by O. XXI R. 54 (2) relating to the attachment of immovable property.
It provides that the order shall be proclaimed at some place on or adjacent to such property
by beating of a drum or the customary mode, and a copy of such proclamation shall be
affixed on a conspicuous part of the property and then on a Courthouse and in the collector's
office (in case of revenue paying land). If the Court so desires, it shall also be published in
the local official Gazette, in a local newspaper or both.
d) Time of Sale (R. 68)-
No sale shall take place without the consent of the judgment debtor before 15 days
in case of immovable property or before 7 days in case of movable property, from the date
of affixing the proclamation in the Courthouse. However, no permission, as mentioned
above, is required if the property ordered to be sold subject to speedy and natural decay or
the expenses of keeping it in custody it is likely to exceed its value.
e) Adjournment of sale (S. 69)-
The Court may adjourn any sale to a specified day and hour, and the officer
conducting any such sale may adjourn the sale, recording his reasons for such adjournment.
However, where the sale is made in or within the precincts of the Courthouse, no
such adjournment shall be made without the leave of the Court.
Where the sale is adjourned for a longer period than 30 days, a fresh proclamation
under S. 67 shall be made unless the Judgment debtor consents to waive it.
f) The sale is to be stopped if the debt is paid (R. 69 (3))-
Every sale shall be stopped if, before the property is knocked down, the debt and
cost is tendered to the officer conducting the sale or paid into the Court.
g) Defaulting purchaser answerable for loss on re-sale (R. 71)-
If the auction purchaser defaults in purchasing the property and, therefore, it
requires being re-sold, and therefore it causes a deficiency of price on re-sale, such
deficiency is to be recovered from the defaulting purchaser.
h) Restrictions to bid (Rr. 72 and 73)-