The Bengal Land Revenue Sales Act, 1859
Section 23. Full payment of purchase money.
The full amount of purchase money shall be made good by the purchaser before sunset of the thirtieth day from that on which the sale of the estate or share of all estate bought by him took place, reckoning that day as one of the thirty ; or if the thirtieth day be a Sunday Or other close holiday, then on the first office day after the thirtieth: and in default of payment within the prescribed period as aforesaid, the deposit shall be forfeited to Government, the estate or share shall be resold, and the defaulting purchaser shall forfeit all claim to the estate or share, or to any part of the sum for which it may subsequently be sold. And in the event of the proceeds of the sale which may be eventually consummated being less than the price bid by the defaulting bidder aforesaid, the difference shall be leviable from him by any process authorized for realizing an arrear of public revenue, and such difference shall be considered to be a part of the purchase money and shall be dealt with in the manner hereinafter prescribe for the disposal thereof.
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