section 15
No title provided]
The Sikkim Public Demands Recovery Act, 1988General198820 sections
Statutory text
When immoveable property has been sold in execution of a certificate, the certificate-debtor or any person whose interest are affected by the sale may, within thirty days from the date of the sale, apply to the Certificate Officer to set aside the sale on his depositing
- (a) for payment to the certificate-holder the amount specified in the proclamation of sale as that for the recovery of which the sale was ordered, with interest thereon at the rate of twelve and a half per centum per annum calculated from the date of the proclamation of sale to the date when the deposit is made;
- (b) for payment to the purchaser, as penalty, a sum equal to five per centum of the purchase money, but not less than one rupee.
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