If the Court, or the Court hearing an appeal against the award, is at any time satisfied that it is in the interest of a debtor that any part of his property should be sold in liquidation of his debt or part thereof, such Court may permit the debtor to sell such part of the property for such purpose within a specified period. If the debtor fails so to sell it, such Court may order an officer of the Court to sell the same. The property ordered to be sold under this section shall be sold by such officer in the prescribed manner.
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Revival of all discharged debts under Ordinance VII of 1975.Section 4 · Discharge of certain debts and consequences thereof.Section 5 · Prohibition against disposal of pledged property, etc. and penalty.Section 6 · Power of certain officers to enforce delivery of possession of property to debtor.Section 7 · Creditor may dispute debtor’s claim.Section 8 · Power of entry and search.India Code, Government of India. Text fetched 18 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.