As per Rule 6 of Security Interest (Enforcement) Rules, 2002, list down the terms and conditions which are required to be uploaded on the website of the secured creditor by the authorized officer in relation to sale of m

The authorized officer shall upload the detailed terms and conditions of the sale of the movable secured assets on the web-site of the secured creditor, which shall include: Details about the borrower and the secured creditor: Complete description of movable secured assets to be sold with identification marks or numbers if any, on them; Reserve price of the movable secured assets, if any, and the time and manner of payment; Time and place of public auction or the time after which sale by any other mode shall be completed; Deposit earnest money as may be stipulated by the secured creditor; Any other terms or conditions which the authorised officer considers it necessary for a purchaser to know the nature and value of movable secured assets.