No holder of a decree in execution of which property is sold shall, without the written permission of the court, a copy of which shall be given by the court to the auctioneer, bid for or purchase the property.
Civil Procedure Code
2015 English source edition · Current applicability not established.
This is the English-language edition published in 2015 and attributed in its front matter to the Ministry of Justice. Refworld labels it an unofficial translation. Eri Atlas has not independently verified the translation, later changes, or whether the text is currently in force.
Article 468
Decree-holder Not to Bid for Property without Permission · Preserved transcription; page attribution imported from the source collection. Verify against the original.
Where a decree-holder purchases with such permission, the purchase-money and the amount due on the decree, may, on such terms as shall be prescribed, be set off against one other, and the court executing the decree shall enter up satisfaction of the decree in whole or in part accordingly.
Where a decree-holder purchases, by himself or through another person, without such permission, the court may on the application of the judgment-debtor or any other person whose interest are affected, set aside the sale.