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Section 429: When licitation is to be held

The Goa Succession, Special Notaries and Inventory Proceeding Act, 2012State Act of Goa · Act 23 of 2016

(1) The licitation shall be held within 30 days from the date the conference is held, if possible.

(2) Every licitation shall be conducted by an officer appointed for the purpose by the court.

However, such officer shall not declare the highest bidder without the leave of the court.

(3) It is lawful to withdraw the request to have licitation till such time the respective item is put to bid; in such an event, however, any other party shall be allowed to apply for licitation on the same item.

Where this provision sits

ActThe Goa Succession, Special Notaries and Inventory Proceeding Act, 2012
Section429
Marginal noteWhen licitation is to be held
JurisdictionState of Goa
StatusIn force as published by the source

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