Manner and time for recovery of penalty under section 129 [Rule 144A]

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....e or disposal of Goods or conveyance • If, fails to pay the amount of penalty [section 129(1)] within fifteen days from the date of receipt of the copy of the order passed [section 129(3)], by the • Person transporting any goods or • the owner of such goods. • Exception:- The detained or seized goods are perishable or hazardous in natur....

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....curred in safe custody and handling of such goods or conveyance, after the time 15 days  but before the issuance of notice, • the proper officer shall cancel the process of auction and release such goods or conveyance. • Procedure of the Auction of goods or conveyance • Time period of Auction:- The last day for submission of bid or the date of ....

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.... • In case the successful bidder fails to make the payment of the full amount, as the case may be. • Cancelation of the Auction and process for Re- Auction:-  • where no bid is received or • the auction is considered to be non-competitive due to lack of adequate participation or • due to low bids. • Transfer of owner s....