PROHIBITED TO ACT/BID. 4.1 No bankrupts is allowed to bid or act as agents.
PROHIBITED TO ACT/BID. 5.1 A bankrupt shall not be allowed to bid or act as agent of the bidder. Where the bidder is a foreigner or a foreign controlled company it shall be the bidder’s duty to ensure that the bidder is permitted by the prevailing laws, regulations and guidelines to purchase the property. All applications for approvals by such foreign bidder shall be at the sole responsibility and cost of the bidder.
PROHIBITED TO ACT/BID a. No bankrupt is allowed to bid or act as agent. In the event a bankrupt bids or acts as agent in relation to the sale of the Property, the deposit paid, as the case may be, shall be forfeited to the Assignee/Bank and the Property shall be put up for sale again.
PROHIBITED TO ACT/BID. 4.1 Company. conclusive.
PROHIBITED TO ACT/BID
