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.
THE FIRST SCHEDULE · ORDER XXI Execution of Decrees and Orders · Sale of immovable property
Order XXI Rule 86: Procedure in default of payment
The Code of Civil Procedure, 1908