Article text
(1) No holder of a decree in execution of which property is sold shall, without the written permission of the comt, a copy of which shall be given by the court to the auctioneer, bid for or purchase the property.
(2) Where a decree-holder purchases with such permission, the purchase-money and the amount due on the decree may, on such terms as shall be prescribed, be set off against one other, and the court executing the decree shall enter up satisfaction of the decree in whole or in part accordingly.
(3) Where a decree - holder purchases, by himself or through another person, without such permission, the court may, if it thinks fit, on the application of the judgment-debtor or any other person whose interests are affected by the sale, by order set aside the the sale and order a resale, in which case the provisions of Art. 429 shall apply by analogy.
