Section 107 in The Orissa Co-operative Societies Rules, 1965
107. Sale how conducted.
- At the appointed time the property shall be put up in one or more lots, as the Sale Officer may consider advisable and shall be disposed of to the highest bidder :Provided that it shall be open to the Sale Officer to decline to accept the highest bid where the price offered appears to be unduly low or for the reasons to be recorded by him in writing.
