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State of Jharkhand - Section

Section 57K in Jharkhand Co-operative Societies Act, 2008

57K. Postponement of sale.

- If, on the property being put for sale, a fair price (in the estimation of the officer holding the sale) is not offered for it, and if the owner of the property, or a person authorized to act in his behalf, applies to have the sale postponed till the next day or (if a market is held at the place of sale) the next market day, the sale shall be postponed until that day and shall be then completed, whatever price may be offered for the property.