Section 9 in Rajasthan Nazul/Devsthan Building (Disposal by Public Auction) Rules, 1967
9. Security deposit by bidder.
- [(1) Every bidder at the auction shall have to deposit the amount equal to 10% of the reserve price of the property put to auction as security money before he is allowed to bid at the auction] [Substituted by Notification dated 1-10-1988, Published in R.G.Gazette Part IV(ga), dated 29-12-1988, p.381 [1-10-1988].].(2)Security money of unsuccessful bidders will be refunded at the close of the auction.
