You are viewing the translated version of सम्पत्ति वा साधन लिलाम बिक्री गरिने.

Section 17
Assets or instruments to be sold at auction

(1) The property or instrument deemed to be confiscated by the court after the judgment or order of the court is final, the department or the relevant district administration office shall immediately sell or conduct an auction in accordance with this paragraph.
(2) Notwithstanding anything written in sub-section (1), if the property or instrument deemed to be confiscated pursuant to the order or judgment of the court is not suitable for auction sale due to public interest, importance, security or any other reason, or if such property or instrument is useful for the Government of Nepal.
(5) Based on the nature of the assets or instruments to be evaluated in the evaluation committee as per sub-section (4), the representative of the relevant agency or organization should be invited as a member.
(6) Appraisal committee as per sub-section (2) or (4) may invite the expert of the relevant field to the meeting of the appraisal committee while appraising the assets or instruments to be auctioned.
(7) In the secretariat department of the evaluation committee as per sub-section (2) and sub-section
The secretariat of the evaluation committee as per (4) will be in the office of the controller of funds and accounts of the respective district.
(8) Notwithstanding anything written elsewhere in this section, the assessment of the assets or instruments designated to be transferred immediately shall be done by the Director General of the Department or the concerned Chief District Officer.