(1)
When the property seized is subject to speedy and natural decay or
when the expense of keeping it in custody together with the
amount to be recovered is likely to exceed its value, the Chief
Municipal Officer, shall at once give notice to the person in whose
possession the property was, when attached, to the effect that it
will be sold at once, and shall sell it accordingly unless the amount
named in the warrant be forthwith paid or a security equal to that
amount be furnished.
(2) If property is not sold at once under sub-section (1), the
attached property or a sufficient portion thereof may, unless the sum
due by the defaulter together with all costs incidental to the notice,
warrant, attachment and detention of the property is paid, be sold by
public auction under the orders of Chief Municipal Officer in the
manner prescribed by the State Government and the proceeds or such
part thereof as shall be requisite shall be applied in discharge of the
sum due and of all such incidental costs as aforesaid.
(3) The surplus, if any, shall be forthwith credited to the
municipal fund, notice of such credit being given at the same time
to the persons in whose possession the property was at the time of
attachment but if the same be claimed by written application to the
Municipality within one year from the date of the notice given
under this sub-section, a refund thereof shall be made to such
person. Any sum not claimed within one year from the date of such
notice, shall be the property of the Municipality.
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