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[Cites 0, Cited by 0] [Section 127] [Entire Act]

State of Himachal Pradesh - Subsection

Section 127(1) in Himachal Pradesh Co-Operative Societies Rules, 1971

(1)Any deficiency of price which may arise on a release held under clause (1) of rule 121 or under clause (g) or (j) of sub-rule (2) of rule 123 by reason of the purchaser's default, and all expenses attending such resale, shall be certified by the sale officer to the recovery officer, and shall at the instance of either the decree holder or the judgement-debtor, be recoverable from the defaulting purchaser. The costs, if any, incidental to such recovery shall also be borne by the defaulting purchaser.