Time-limit for sale of attached property sets a fixed period after finalisation of demand, with extensions and minimum term. Rule 68B prescribes that no sale of immovable property attached for recovery may be made after three years from the end of the financial year in which the order giving rise to the demand becomes conclusive or final; a one year extension applies for required resales or set aside sales. Periods of court stays or pendency of appeals are excluded from computation, and if exclusion leaves less than 180 days remaining that period is extended to 180 days. Attachments and orders concluded before 1 June 1992 are treated as having that date as conclusive, and failure to sell within the prescribed time causes the attachment to be deemed vacated.
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.
Time-limit for sale of attached property sets a fixed period after finalisation of demand, with extensions and minimum term.
Rule 68B prescribes that no sale of immovable property attached for recovery may be made after three years from the end of the financial year in which the order giving rise to the demand becomes conclusive or final; a one year extension applies for required resales or set aside sales. Periods of court stays or pendency of appeals are excluded from computation, and if exclusion leaves less than 180 days remaining that period is extended to 180 days. Attachments and orders concluded before 1 June 1992 are treated as having that date as conclusive, and failure to sell within the prescribed time causes the attachment to be deemed vacated.
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