Lex Cameroon

Acte uniforme portant organisation des procédures simplifiées de recouvrement et des voies d'exécution › Book 2 › Title 8 › Chapter 4 › Section 2

SECTION 289

Any objection relating to the higher bid shall be contained in the submissions filed and communicated to the adverse party not later than five (5) days before the contingent hearing. The filing of the submissions shall be mentioned next to the entry on the disclosure of the higher bidder in the register kept for terms of reference. Where there is no objection relating to the higher bid, or where it is validated, the new auction sale shall be preceded by the affixing of posters at least eight days before the sale, in conformity with the provisions of article s 276 to 279 above. On the scheduled date, new bidding shall be open; where a bid is not superseded, the property shall be adjudicated in favour of the bidder. No higher bid may be allowed after the second auction sale.
Official translation Spot-checked In force from 10 April 1998 Source page 78

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Texte français

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Refers to

Contents

Section 289 of the Acte uniforme portant organisation des procédures simplifiées de recouvrement et des voies d'exécution /akn/ohada/act/loi/undated/aupsrve-1998
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