Section 141: Amount of deposit
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
141. Amount of deposit
Where the outbidding—
(a) does not exceed 50,000 rupees, the full amount shall be deposited at the time when the outbidding is made; or
(b) exceeds 50,000 rupees, the amount to be deposited shall be at
the discretion of the Master, but, in such a case, the minimum
shall be 50,000 rupees and the maximum 250,000 rupees.
[S. 141 amended by Act 15 of 1994.]
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Questions this section answers
- How much deposit must I pay when I make an outbidding?