Sale of pledge and inspection of sale book:

(1) An unredeemed pledge shall be disposed of by the pawnbroker only by

sale at a public auction. The sale shall be conducted

in such manner as may be prescribed. (2)

Where the highest bid at such sale is the bid of the bid of the pawnbroker

the sale shall not become absolute unless the bid is for a sum exceeding the sum payable on the pawn inclusive of interest and charges and the sale is confirmed by the inspector appointed under sub-section (10 of Section 12. (3) At any time within one year from th date of public auction, the holder of the pawn-ticket may inspect the enhy reIating to the sale either in the sale book of pledges or in such lists of the auction as may be prescribed. (4)

1. (a) If the pledge was sold for more than the amount of the loan and the

interest and charges due at the time of the sale, the pawnbroker shall

pay to the holder of the pawn-ticket the excess amount after deducting therefrom the necessary cost and charges of the sale. @) If within twelve months before such sale, sale of any other pledges belonging to the same person has resulted in a deflect, the pawnbroker may set offthe deficit against such excess amount and shall be liable to pay only the balance, if any.