In section 320, paragraph two, after the word also , the words notwithstanding anything hereinbefore contained, shall be inserted; and for sections 321 to 325, both inclusive, the following shall be substituted (namely):
321. Power of Collector when execution of decree is so transferred. When the execution of a decree has been so transferred, the Collector may
(a) proceed as the Court would proceed under section 305; or
(b) raise the amount of the decree by letting in perpetuity, or for a term, on payment of a premium, or by mortgaging, the whole or any part of the property ordered to be sold; or
(c) sell the property ordered to be sold or so much thereof as may be necessary.
322. Procedure of Collector when execution of decree so transferred. When the execution of a decree, not being a decree ordering the sale of immoveable property in pursuance of a contract specifically affecting the same, tut being a decree for money in satisfaction of which the Court has ordered the sale of immoveable property, has been so transferred, the Collector, if, after such enquiry as he thinks necessary, he has reason to believe that all the liabilities of the judgment-debtor can be discharged without a sale of the whole of his available immoveable property, may proceed as hereinafter provided.
322A. Notice to be given to decree-holders and to persons having claims on the property. In the case mentioned in section 322, the Collector shall publish a notice calling upon
(a) every person holding a decree for money against the judgment-debtor capable of execution by sale of his immoveable property, and which such decree-holder desires to have so executed, and every holder of a decree for money in execution of which proceedings for the sale of such property are pending, to produce before the Collector a cony of the decree, and a certificate from the Court which passed or is executing the same declaring the amount recoverable there
(b) every person having any claim on the said property, to submit to the Collector a statement of such claim, and to produce the documents, if any, by which it is evidenced.
Such notice shall be in the language of the district, and shall allow a period of sixty days from the date of its publication for compliance therewith. It shall be published by being posted in the court-house of the Court which made the original order under section 304, and at such other places (if any) as the Collector thinks fit. Where the address of any such decree-holder or claimant is known, a copy of the notice shall be sent to him by post or otherwise.
322B. Amount of money-decrees to be ascertained, and immoveable property available for their satisfaction. Upon the expiration of the said period the Collector shall appoint a day for hearing any representations which the judgment-debtor and the decree-holders or claimants (if any) may desire to make, and for holding such enquiry as he may deem necessary for informing himself as to the nature and extent of such decrees and claims and of the judgment-debtor's immoveable property, and may from time to time adjourn such hearing and enquiry.
If there be no dispute as to the fact or extent of the liability of the judgment-debtor to any of the decrees or claims of which the Collector is informed, or as to the relative priorities of such decrees or claims, or as to the liability of any such property for the satisfaction of such decrees or claims, the Collector shall draw up a statement, specifying the amount to be recovered for the discharge of such decrees, the order in which such decrees and claims are to be satisfied, and the immoveable property available for that purpose.
If any such dispute arises, the Collector shall refer the same, with a statement thereof and his own opinion thereon, to the Court which made the original order under section 304, and shall, pending the reference, stay proceedings relating to the subject thereof. The Court shall dispose of the dispute if the matter thereof be within its jurisdiction, or transmit the case to a competent Court for disposal, and the final decision shall he communicated to the Collector. The Collector shall then draw up a statement as above provided in accordance with such decision.
322C. When District Court may issue notices and hold inquiry. The Collector may, instead of himself issuing the notices and holding the enquiry required by sections 322A and 322B, draw up a statement specifying the circumstances of the judgment-debtor and of his immoveable property so far as they are known to the Collector or appear in the records of his office, and forward such statement to the District Court; and such Court shall thereupon issue the notices, hold the inquiry and draw up the statement required by sections 322A and 322B, and transmit such statement to the Collector.
322D. Effect of decision of Court as to dispute arising under section 322B or 322C. The decision by the Court of any dispute arising under section 322B or section 322C shall, as between the parties thereto, have the force of, and be appealable decree.
323. Scheme for liquidation of money-decrees. Whenever the amount to be recovered and the property available have been determined as provided in section 322B or 322C, the Collector may
(1) if it appears that the amount cannot be recovered without the sale of the whole of the property available, proceed to sell such property; or if it appears that the amount with interest (if any) in accordance with the decree, and when not decreed, with interest (if any) at such rate as he thinks reasonable, may be recovered without such sale,
(2) raise such amount and interest (notwithstanding any order under section 304),
(a) by letting in perpetuity or for a term, on payment of a premium, the whole or any part of the said property; or
(b) by mortgaging the whole or any part of sue property; or
(c) by selling part of such property; or
(d) by letting on farm, or managing by himself or another, the whole or any part of such property for any term not exceeding twenty years from the date of the order of sale; or
(e) partly by one of such modes, and partly by another or others of such modes.
(3) For the purpose of managing under this section the whole or any part of such property, the Collector may exercise all the powers of its owner.
(4) For the purpose of improving the saleable value of the property available or any part thereof, or rendering it more suitable for letting or managing, or for preserving the property from sale in satisfaction of an incumbrance, the Collector may discharge the claim of any incumbrancer which has become payable, or compound the claim of any incumbrancer whether it has become payable or not, and, for the purpose of providing funds to effect such discharge or composition, may mortgage, let or sell any portion of the property which he deems sufficient. If any dispute arises as to the amount due on any incumbrance with which the Collector proposes to deal under this paragraph, he may institute a suit in the proper Court, either in his own name or the name of the judgment-debtor, to have an account taken, or he may agree to refer such dispute to the decision of two arbitrators, one to be chosen by each party, or of an umpire to be named by such arbitrators.
In proceeding under paragraphs (2), (3) and (4) of this section, the Collector shall be subject to such rules consistent with this Act as may from time to time be made in this behalf by the Chief Controlling Revenue Authority.
324. Recovery of balance, if any, after letting or management. If, on the expiration of the letting or management under section 323, the amount to be recovered has not been realized, the Collector shall notify the fact in writing to the judgment-debtor or his representative in interest, stating at the same time that, if the balance necessary to make up the said amount is not paid to the Collector within six weeks of the date of such notice, he will proceed to sell the whole or a sufficient part of the said property; and if on the expiration of the said six weeks the said balance is not so paid, the Collector shall soil such property or part accordingly.
324A. Collector to render accounts to the Civil Court. The Collector shall from time to time render to the Court which made the original order under section 304 an account of all monies which come to his hands and of all charges incurred by him in the exercise and performance of the powers and duties conferred and imposed on him under the provisions of this chapter, and shall bold the balance at the disposal of the Court.
Such charges shall include all debts and liabilities from time to time clue to the Government in respect of the property or any part thereof, the rent (if any) from time to time due to a superior holder in respect of such property or part, and (if the Collector so directs) the expenses of witnesses summoned by him.
Application of balance. Such balance shall be applied by the Court as follows:
firstly, in providing for the maintenance of such members of the judgment-debtor's family (if any) us sire entitled to be maintained out of the income of the property, to such amount in the case of each member as the Court thinks fit; and
secondly, where the Collector has proceeded under section 321, in satisfaction of the original decree in execution of which the Court ordered the sale of immoveable property or otherwise as the Court may under section 295 direct; or
thirdly, where the Collector has proceeded under section 322, in keeping down the interest on incumbrances on the property, and (when the judgment-debtor has no other sufficient means of subsistence) in providing for his subsistence to such amount as the Court thinks fit; and in discharging rateably the claims of the original decree-holder and any other decree-holders who have complied with the said notice, and whose claims were included in the amount ordered to be recovered;
and no other holder of a decree for money shall no entitled to be paid out of such, property or balance until the decree-holders who have obtained such order have been Satisfied.
and the residue, if any, shall he paid to the judgment-debtor or such other person, if any, as the Court directs.
325. Sales how to be conducted. When the Collector sells any property under this chapter, he shall put it up to public auction, in one or more lots as he thinks fit, and may
(a) fix a reasonable reserved price for each lot;
(b) adjourn the sale for a reasonable time, whenever he deems the adjournment necessary for the purpose of obtaining a fair price for the property, recording his reasons for such adjournment;
(c) buy-in the property offered for sale, and resell the same by public auction or private contract, as he thinks fit.
325A. Bestrictions as to alienation by judgment-debtor or his representative, and prosecution of remedies by decree-holders. So long as the Collector can exercise or perform in respect of the judgment-debtor's immoveable property, or any part thereof, any of the powers or duties conferred or imposed on him by sections 322 to 325 (both inclusive), the judgment-debtor or his representative in interest shall be incompetent to mortgage, charge, lease or alienate such property or part except with the written permission of the Collector, nor shall any Civil Court issue any process against such property or part in execution of a decree for money.
During the same period no Civil Court shall issue any process of execution either against the judgment-debtor or his property in respect of any decree for the satisfaction whereof provision has been made by the Collector under section 323.
The same period shall be excluded in calculating the period of limitation applicable to the execution of any decree affected by the provisions of this section in respect of any remedy of which the decree-holder has thereby been temporarily deprived.
325B. When the property of which the sale has been ordered is situate in more districts than one the Powers and duties, conferred and imposed on the Collector by sections 321 to 325 (both inclusive) shall from time to time be exercised and performed by suck one of the Collectors of the said districts as the Local Government may by general rule or special order direct.
325C. Power of collector to compel attendance of parties and witnesses and production of documents. In exercising the powers conferred on him by sections 322 to 325 (both inclusive), the Collector shall have the powers of a Civil Court to compel the attendance of parties and witnesses and the production of documents.