In case of auction, at least 25 per cent of the bid accepted by the Auctioning Officer shall be paid on the spot by the intending lessee in the prescribed mode of payment in accordance with Rule 12.
Provided that the Estate Officer may, in his absolute discretion, allow the successful bidder to deposit in the prescribed mode of payment not less than 10 per cent of the bid on the condition that the difference between the amount deposited and 25 per cent of the bid shall be deposited in the same manner within 30 days of auction.
[9A. Extension of period. - The Chief Administrator may for sufficient cause condone the delay or extend the period of 30 days referred to in sub-rule (4) of rule 8 or proviso to rule 9 on such terms and conditions as he thinks fit including payment of a penalty not exceeding 10 per cent of the amount in default in addition to interest at the normal rate.]