State Act
242
Section 242. Deposit by purchaser, re-sale in default of deposit
THE RAJASTHAN LAND REVENUE ACT, 1956
Act no. 15 of 19561956In forceRajasthan (State Act)
242. Deposit by purchaser, re-sale in default of deposit – The person, declared to be the purchaser, shall be required to deposit immediately twenty five per cent of the amount of his bid, and in default of such deposit, the land or other immovable property shall forthwith be again put up and sold; and such person shall be liable for the expenses attending the first sale and any deficiency of price which may occur on the re-sale, which may be recovered from him by the Collector, as if the same were an arrear of revenue.