Section 6 in Punjab Urban Estates (Sale of Sites) Rules, 1965
6. Sale by auction [Section 23(2)(b) and 3(2)].
- In the case of sale by auction, at least twenty five per cent of the bid accepted by the auctioning officer shall be paid on the spot by the successful bidder in cash or by means of a demand draft drawn in the manner specified in sub-rule (2) of Rule 5.
