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THE FIRST SCHEDULE · ORDER XXI Execution of Decrees and Orders · Sale generally

Order XXI Rule 71: Defaulting purchaser answerable for loss on re-sale

The Code of Civil Procedure, 1908

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 1*** 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.

Footnotes in the official text

  1. 1.The words “or to the Collector or subordinate of the Collector, as the case may,” omitted by Act 66 of 1956, s. 14 (w.e.f. 1-1-1957).

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