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Effect if an auction sale without first fixing the reserved price

Principles guiding the determination of the reserved price by the court

The law that an auction sale as a result of a judgement debt shall be subject to a reserved price determined by the court which delivered judgement in the matter

Whether the court can entertain an application for variation of such determined reserved price where it was born out of a consent judgment

Whether the court has jurisdiction to fix the reserved price at which any property will have to be sold in satisfaction of a judgment debt

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