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State of Goa - Section

Section 142 in The Goa, Daman And Diu Land Revenue Code, 1968

142. Deposit by purchaser in case of sale of immovable property.

- In all cases of sale of immovable property, the party who is declared to be the purchaser shall be required to deposit immediately twenty-five per centum of the amount of his bid, and in default of such deposit, the property shall forthwith be again put up and sold.