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Cap. 12 · Code Of Organization And Civil Procedure (Cap. 12)

Cap. 12 ст. 329Defaulting purchaser liable to personal arrest.

Sub-title III

ДействуетОфициальный текст

(1) In default of such payment into court, the purchaser shall, upon the demand by application of the party at whose suit or against whom the execution was granted, be liable to personal arrest.

(2) Moreover, in such case, the property adjudicated may, upon a demand by means of an application made by the party at whose suit or against whom the execution was granted, be again put up for auction at the expense of the purchaser; in which case, if the bids be lower, such purchaser shall be responsible for the difference; and if the bids be higher, the difference shall go in favour of the debtor, saving any right thereon of the execution creditor.

(3) The decree made on the said application shall be served on the purchaser.

История изменений
  • Amended by XXII.2005.42