Q823
In execution of a decree a movable property in auction sold by the executing Court. The auction purchaser deposits the entire auction price then and there even before 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 one of the following is legally correct?
A.
Objection is maintainable as it has been filed within 30 days of the auction
B.
Auction sale is vitiated as the auctioned property has been delivered without waiting for its confirmation within 30 days of auction
AnswerC.
No confirmation of sale is required in the present case
D.
None of the above is correct
Answer: Option B
Solution
Answer: Option B
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