SECTION 290

A copy the decision of the court or the report of the auction sale drawn up by the notary public shall be registered alongside the terms of reference. A copy thereof shall be issued by the registrar or the notary public, as the case may be, to the successful bidder after payment of the costs of the proceedings and of the purchase price and after having fulfilled the conditions of the terms of reference within twenty (20) days from the date of the auction sale. However, where the successful bidder is the only registered or preferred creditor of the distrainee, he shall be required to pay only the amount of the purchase price in excess of his claim including costs. The receipt and documents in proof thereof shall be annexed to the decision of court or to the report of the auction sale drawn up by the notary public and reproduced alongside the copy. An action for irresponsible bidding may be instituted against the successful bidder who fails to produce these justifications within twenty (20) days of the auction sale.