Order XXI Rule 71: Defaulting purchaser answerable for loss on re sale
The Code of Civil Procedure · Code of Civil Procedure · Order XXI · in_force
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Any deficiency of price which may happen on a re sale by reason of the purchaser’s default, and all expenses attending such re sale, shall be certified to the Court or to the Collector or subordinate of the Collector, as the case may be, by the officer or other person holding the sale, and shall, at the instance of either the decree holder or the judgment debtor, be recoverable from the defaulting purchaser under the provisions relating to the execution of a decree for the payment of money.
Effective date: 1909-01-01
Related sections
Order XXI Rule 70: Saving of certain salesOrder XXI Rule 72: Decree holder not to bid for or buy property without permissionOrder XXI Rule 7: Court receiving copies of decree, etc., to file same without proofOrder XXI Rule 73: Restriction on bidding or purchase by officersOrder XXI Rule 69: Adjournment or stoppage of saleOrder XXI Rule 74: Sale of agricultural produce
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