Notification on re-sale
Full Text
Every re-sale of immovable property, in default of payment of the purchase-money within the period allowed for such payment, shall be made after the issue of a fresh proclamation in the manner and for the period hereinbefore prescribed for the sale.
Plain English Summary
Mandates that every resale necessitated by purchaser default requires a full-fledged fresh proclamation of sale with fresh notice under Rules 66–68, including the 15-day waiting period.
Key Legal Elements
- Mandatory Fresh Proclamation: Re-auction cannot be held summarily on old notices.
- Full Compliance with Rules 66–68: Fresh drum beating, newspaper publication, and 15-day court-house waiting period.
- Protects Property Realization: Ensures broad public participation to maximize sale price.
Practical Note
Fatal Omission of Fresh Proclamation on Re-sale: If the executing court re-sells the property without issuing a fresh proclamation under Rule 87, the resale is illegal and will be set aside under Rule 90.
हिंदी पाठ
क्रय-धन के संदाय के लिए अनुज्ञात अवधि के भीतर संदाय में चूक होने पर स्थावर संपत्ति का प्रत्येक पुनः विक्रय (Re-sale) विक्रय के लिए इसमें पूर्व विहित रीति से और अवधि के लिए नई उद्घोषणा (Fresh Proclamation) जारी करने के पश्चात ही किया जाएगा।