Order 22, rule 69 of Civil Procedure Rules : Deposit by purchaser and re-sale on default

    

(1) On every sale of immovable property the person declared to be the purchaser shall pay immediately after such declaration a deposit of twenty-five per centum on the amount of his purchase- money to the officer or other person conducting the sale, and, in default of such deposit, the property shall forthwith be re-sold.
(2) Where the decree-holder is the purchaser and is entitled to set off the purchase money under rule 61, the court may dispense with the requirements of this rule.


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