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Bare acts > Code of Civil Procedure, 1908 > Order 21 Rule 84
 
  


 

84. Deposit by purchaser and re sale on default.- (1) On every sale of immovable property the person declared to be the purchaser shall pay immediately after such declaration a deposit of twenty five per cent on the amount of his purchase money to the officer or other person conducting the sale, and in default of such deposit, the property shall forthwith be re sold.

(2) Where the decree holder is the purchaser and is entitled to set off the purchase money under rule 72, the court may dispense with the requirements of this rule.

HIGH COURT AMENDMENT

Allahabad.- Add at the end of the sub-rule (2):

‘The Court shall not dispense with the requirements of this rule in a case in which there is an application for rateable distribution of assets.” (17.1.1953).

 

 

 

 

 

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