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Partition Act, 1893 Section 6

Title: Reserved Bidding and Bidding by Shareholders

State: Central

Year: 1893

(1) Every sale under section 2 shall be subject to a reserved bidding, and the amount of such bidding shall be fixed by the court in such manner as it may think fit and may be varied from time to time. (2) On any such sale any of the shareholders shall be at liberty to bid at the sale on such terms as to non-payment of deposit or as to setting off or accounting for the purchase-money or any part thereof instead of paying the same as to the court may seem reasonable. (3) If two or more persons, of whom one is a shareholder in the property, respectively advance the same sum at any bidding at such sale, such bidding shall be deemed to be the bidding of the shareholder.

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Indian Penal Code (45 of 1860) Section 185

Title: Illegal Purchase or Bid for Property Offered for Sale by Authority of Public Servant

State: Central

Year: 1860

Whoever, at any sale of property held by the lawful authority of a public servant, as such, purchases or bids for any properly on account of any person, whether himself or any other, whom he knows to be under a legal incapacity to purchase that properly at that sale, or bids for such property not intending to perform the obligations under which he lays himself by such bidding, shall be punished with imprisonment of either description for a term which may extend to one month, or with fine which may extend to two hundred rupees, or with both.

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Indian Penal Code (45 of 1860) Section 169

Title: Public Servant Unlawfully Buying or Bidding for Property

State: Central

Year: 1860

Whoever, being a public servant, and being legally bound as such public servant, not to purchase or bid for certain property, purchases or bids for that property, either in his own name or in the name of another, or jointly, or in shares with others, shall be punished with simple imprisonment for a term which may extend to two years, or with fine, or with both; and the property, if purchased, shall be confiscated.

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Code of Criminal Procedure, 1973 Section 481

Title: Public Servant Concerned in Sale Not to Purchase or Bid for Property

State: Central

Year: 1973

A public servant having any duty to perform in connection with the sale of any property under this Code shall not purchase or bid for the properly.

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Electricity Act, 2003 Section 63

Title: Determination of Tariff by Bidding Process

State: Central

Year: 2003

Notwithstanding anything contained in section 62, the Appropriate Commission shall adopt the tariff if such tariff has been determined through transparent process of bidding in accordance with the guidelines issued by the Central Government.

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Karnataka Municipal Corporations Act, 1976 Section 498

Title: Bidding Prohibited

State: Karnataka

Year: 1976

(1) No employee or officer of the corporation having any duty to perform in connection with the sale of movable or immovable property by or on behalf of the corporation under this Act shall directly or indirectly bid for or acquire interest in any property sold at such sale. (2) Any person who contravenes the provisions of sub-section (1) shall be punished with fine which may extend to five hundred rupees and shall also be liable to dismissal from service.

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Karnataka Panchayat Raj Act, 1993 Section 285

Title: Bidding Prohibited

State: Karnataka

Year: 1993

(1) No member or employee of the Grama Panchayat, Taluk Panchayat or Zilla Panchayat or any officer having any duty to perform in connection with the sale of movable or immovable property under this Act shall directly or indirectly bid for or acquire interest in, any property sold at such sale. (2) Any person who contravenes the provisions of sub-section (1) shall, on conviction, be punished with fine which may extend to five hundred rupees, and if he is an officer or employee of the Grama Panchayat or Taluk Panchayat or Zilla Panchayat shall also be liable for dismissal from service.

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Karnataka Co-operative Societies Act, 1959 Section 89F

Title: Officers of Banks Not to Bid at Sales

State: Karnataka

Year: 1959

At any sale of movable or immovable property, held under the provisions of this Chapter, no officer or employee of an1[Agriculture and Rural Development Bank] or the1[State Agriculture and Rural Development Bank], except on behalf of the bank of which he is an officer or an employee, and no person having any duty to perform in connection with such sale, shall either directly or indirectly bid for or acquire or attempt to acquire any interest in such property. ______________________________________ 1. Substituted by Act 5 of 1984 w.e.f. 9.1.1984.

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Karnataka Land Revenue Act, 1964 Section 170

Title: Prohibition to Bid at Auction

State: Karnataka

Year: 1964

No officer having any duty to perform in connection with any sale by auction under section 169 and no person employed by or subordinate to such officer, shall, either directly or indirectly bid for or acquire any property.

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Karnataka Municipalities Act, 1964 Section 371

Title: Bidding Prohibited

State: Karnataka

Year: 1964

(1) No employee of a municipal council, or any officer having any duty to perform in connection with the sale of movable or immovable property under this Act shall directly or indirectly bid for or acquire interest in any property sold at such sale. (2) Any person who contravenes the provisions of sub-section (1), shall, be punished with fine which may extend to five hundred rupees and shall also be liable to dismissal from service.

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