Enforcement Proceedings

Enforcement Proceedings

Any individual document governing the organization and conduct of the sale of the person’s own property or property not covered by the signs above are not available.In this regard, the main document, which should be guided by the sale at auction of such property is the Civil Code. However, every person who is going to organize and conduct trades (even in respect of their personal property) must be The provisions (rules) for such trades, which will be specified and all the basic conditions of bidding. Basic requirements which must be met and issues that need to be addressed in order to bid passed with no violations of the legislation and could not be challenged, the following:

1) Decide who will be bidding – their own or a specialized organization (since the notion of such an organization in the law does not explained, it is likely to be any organization for which the statute is no prohibition on such activity), 2) determine the form of trading on the basis of the following (a) The form of trading on their content-auction or competition; b) The form of trading on their access to potential participants – open or closed. c) The form of trading on the form for submission of proposals – open or closed, and 3) Prepare a notice of tenders and publish it in the case open tendering or sent to the participants in the case of closed auction.

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