Section 133: Duration of sequestration

133. Duration of sequestration (1) Where the sequestration is ordered, it shall, subject to subsection (2), be limited to such period, not exceeding 4 months, as may be necessary in order to bring the property to sale. (2) The sequestration may be continued, on application made in accordance with section 130, and on good sufficient cause shown, for such further period as shall, together with the original period, not exceed 6 months. (3) Notwithstanding subsections (1) and (2), the Court may, with the consent of the inscribed creditors, extend the sequestration of any property for such further period, beyond 6 months, as those creditors may consent to, and as the Court thinks necessary in the interest of all parties. S3 – 31 [Issue 1] Sale of Immovable Property Act