Section 78(1)(a) in Tamil Nadu Co-operative Societies Rules, 1988
(a)to immovable property purchased-(i)by a society at a sale held in execution of a decree obtained by it for the recovery of any sum due to it; or(ii)by a financing bank at a sale held in execution of a decree obtained by a society financed by it, for the recovery of any sum due to such society or at a sale by, or on behalf of, the Liquidator of such society; or