- 04/25/2019 at 11:09 pm #631674EduGorillaKeymasterSelect Question Language :
In execution of a decree, a movable property is auctioned by the executing court. The auction purchaser deposits the entire auction price then and there, even before the expiry of 30 days, and takes the delivery of the auctioned property. An objection complaining that the auction was conducted with material irregularity is filed within 30 days from the date of auction. State which of the following is legally correct?
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- Objection is maintainable as it has been filed within 30 days of the auction.
- Auction sale is vitiated as the auction property has been delivered without waiting for its confirmation within 30 days of auction.
- No confirmation of sale is required in the present case.
- None of these
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