Cap. 12 · Code Of Organization And Civil Procedure (Cap. 12)
Cap. 12 Art. 331Delivery of immovable or movable property to purchaser.
Sub-title III
(1) The delivery of immovable property or of rights annexed to such property, or of commercial going concerns, takes place on the final adjudication and upon the payment of ipso jure the price into court or the approval of the set-off.
(2) The delivery of movable property takes place upon the handing over of the thing and the deposit of the price or the approval of the set-off.
(3) In the case of ships or other vessels or aircraft, the court may make such orders, as it may deem fit, to ensure that the property adjudicated be delivered to the purchaser forthwith, upon the purchaser giving such security as the court may determine to safeguard the claims of the parties. Such orders may also be made in other cases in which the court considers that delay in the delivery of the property can cause serious prejudice to the purchaser. An order made under this sub-article shall not be challenged in any way and shall be implemented forthwith.
Änderungsgeschichte
- Amended by XIV.2006.34