Discuss this provision with AI

In default of payment within the period mentioned in the last preceding rule, the deposit may, if the Court thinks fit, after defraying the expenses of the sale, be forfeited to the Government, and the property shall be re sold, and the defaulting purchaser shall forfeit all claim to the property or to any part of the sum for which it may subsequently be sold.

Effective date: 1909-01-01

Version 1 · Source-traceable official reference. LawHub does not modify the official record.