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[Cites 0, Cited by 0] [Section 175] [Entire Act]

State of Karnataka - Subsection

Section 175(2) in Karnataka Land Revenue Act, 1964

(2)In default of payment of the balance of the bid amount within the period prescribed in section 174, the deposit, after defraying therefrom expenses of the sale, shall be forfeited to the State Government and the property shall be re-sold; such re-sale shall be made after issue of a fresh notice in the manner prescribed under this Chapter for the original sale.