Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Officer may attach and sell defaulter's movable or immovable property, with notices, bids, objections, and 15-day payment rule</h1> A proper officer may list and attach a defaulter's movable or immovable property, estimate market value, prohibit transactions and notify relevant authorities; immovables are affixed with the order, movables seized. Attached property is sold by public or e-auction (or via broker for negotiable instruments/shares), with pre-bid deposits and a minimum 15-day notice except for perishable or hazardous goods. Claimants may object and must prove an interest; the officer may release or reject claims after investigation. The successful bidder must pay within 15 days to receive a transfer certificate; the defaulter may stop sale by paying dues before auction.