Recovery of penalty by sale of detained goods permits auction and transfer to the successful bidder when penalty remains unpaid. If the penalty under section 129 is unpaid within the prescribed period, the proper officer shall inventory and estimate market value of detained or seized goods or conveyance and proceed to sell them by auction after issuing the prescribed notice; time limits may be reduced for perishable or hazardous goods. Payment of penalty and custody expenses before the notice cancels the auction. The officer may require a pre bid deposit, issue a payment notice to the successful bidder, transfer ownership on full payment, re auction if bids are absent or non competitive, and stays on recovery apply where an appeal is filed except for perishable or hazardous goods.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Recovery of penalty by sale of detained goods permits auction and transfer to the successful bidder when penalty remains unpaid.
If the penalty under section 129 is unpaid within the prescribed period, the proper officer shall inventory and estimate market value of detained or seized goods or conveyance and proceed to sell them by auction after issuing the prescribed notice; time limits may be reduced for perishable or hazardous goods. Payment of penalty and custody expenses before the notice cancels the auction. The officer may require a pre bid deposit, issue a payment notice to the successful bidder, transfer ownership on full payment, re auction if bids are absent or non competitive, and stays on recovery apply where an appeal is filed except for perishable or hazardous goods.
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