law: Partition Act, 1893
  6. Reserved bidding and bidding by shareholders
  (1) Every sale under section 2 shall be subject to a reserved
  
  bidding, and the amount of such bidding shall be fixed by the Court in such
  
  manner as it may think fit and may be varied from time to time.
  (2) On any such sale any of the shareholders shall be at liberty
  
  to bid at the sale on such terms as to non-payment of deposit or as to setting
  
  off or accounting for the purchase-money or any part thereof instead of paying
  
  the same as to the Court may seem reasonable.
  (3) If two or more persons, of whom one is a shareholder in the
  
  property, respectively advance the same sum at any bidding at such sale, such
  
  bidding shall be deemed to be the bidding of the shareholder.