Section 0
sale without the intervention of the comt \s exµresfily confrrreu on the Bank by the deed, the Committee of such bank or any person authorised by such Com-mittee in this behalf shall, in case ·o ·of defalt of paym.mt of the mo1tgdge money or any El.art thereof, have power in addition to any other remedy available to the bank ro bring the mortgaged property to sale without the intervention of the court
0 sale without the intervention of the comt \s exµresfily confrrreu on the Bank by the deed, the Committee of such bank or any person authorised by such Com-mittee in this behalf shall, in case ·o ·of defalt of paym.mt of the mo1tgdge money or any El.art thereof, have power in addition to any other remedy available to the bank ro bring the mortgaged property to sale without the intervention of the court
No such power ;hill be execcised and until-
( a) the Bo::1.c·d h::is previouily a c1 horised the exercise of the power confeued by su 1
J 1
Jsection ( l) after hearing t' . 1e objection<>, if any of 1 he mor · g 1gor :
(b) notice in requiring payment of farh mortgage money or part has been served upon-
(i) the mortgagor :
(ii) any person ..... ho has any in or charge ppon the property mc·rtg::i.o,; ed or in or upon the right to red('em the same ;
(iii) any surety for the payment of the mortgaged or a!ly part thereof ;
(iv) any credibr of the mortgagor who in a suit for the adminis1ration of his estal'e obtained a decree for sale of the mortgaged property ; and
(c) default beeu PJade in payment of such mortgage money or · part thereof for three months after such service .
Application for sale and by manner sale
( 1) In exercise of the power of sale conferred Section 11 and in conformity with the provisions of thereof, the Committee of a Mortgage Bank or any person duly authorised by such Committee may apply t · ·"l the Sale Officer appr:iinted ir:1 tint behal under Section 19 to sell the mortgaged property or any P3.rt and such officer sh.i.11 aftergiving n otice of 30 days in wntmg to all the persons referred to i-i Section 11, sell proper·y in the manner prescribed.
(2) 1 he sale shall Le by public auction :in.cl shall be held in the _village where the mortgaged property is situated or at the nearest place of public resort if the S..1.le Offir:er is of opinion that the property is likely to to better advantage there.
of
Applicati?n 13. (I) When a property has been to set aside sold under the provisions
ld d of this Act,
h the mortgagor
h sale and de-
t a d ·
i · h · g
h · J e a
·t de-
a d or any ·
person having