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It shall not be lawful for the seller to bid himself at an auction:
Where the sellers right to bid is not notified.
Where the auctioneer does not allow the seller to bid
Where the buyer’s right to bid is not notified.
Where the buyer does not allow the seller to bid.
Section 64(4) – 64. Auction sale. In the case of sale by auction- (4) where the sale is not notified to be subject to a right to bid on behalf of the seller, it shall not be lawful for the seller to bid himself or to employ any person to bid at such sale, or for the auctioneer knowingly to take any bid from the seller or any such person, and any such person, and any sale contravening this rule may be treated as fraudulent by the buyer;
By: santosh ProfileResourcesReport error
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