rule 530
Section 530
Uttarakhand Cooperative Societies Rules, 2004Corporate2004563 rules
Statutory text
Whenever the sale of the mortgaged land is not confirmed, the purchase money deposited shall be returned to the purchaser along with interest at the rate prevailing in the State Bank of India for Saving Bank Account during the period of such deposit : Provided that no interest shall be allowed to the purchaser if the sale is not confirmed for any fault of the purchaser.
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