(1) In exercise of the power of sale conferred by Section 11 and in confermity with the provisions thereof, 2 [the Board or] the Committee 3 [***] or any person duly authorised by such 4 [Board or the] Committee may apply to the Sale Officer appointed in that behalf under Section 19 to sell the mortgaged property or any Part thereof and such officer shall after giving notice of 30 days in writing to all the persons referred to in Section 11, sell property in the manner prescribed.
1. Ins. by Assam Act No. VIII of 1990.
2. Ins. by Assam Act No. XXIV of 1964.
3. Omitted by Assam Act No. XXIV 1964.
4. Ins. by Assam Act No. XXIV of 1964.
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(2) 1 [The sale shall be by public auction and shall be held in the village where the mortgaged property is situated or at the nearest place of public resort or in the office of the Sales Officer whichever place, in the opinion of the Sales Officer, is likely to attract the maximum number of bidders and the property is likely to sell to better advantage there.]
Application to set aside sale and deposit and confirmation of sale in default or on dismissal of such application.