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38 8. Reasons for bidding cancellation %u0009 %u0009 Theexecutingofficermaycancelthebiddingforthefollowingreason:%u0009 Thecourtorder%u0009 Petitionfiledtointervenetoreleasethepropertyseized%u0009 Noticetotheinterestedpersonswasnotsentinaccordancewiththelaws.%u0009 Thejudgmentcreditorfilesamotionrenouncingtherighttoexecutionwherebyhe/shereceivesconsentinwritingfromallinterestedpersons.%u0009 Thejudgmentcreditorfilesamotiontowithdrawtheexecutionforthesaidproperty.%u0009 Thedebtormakesthepaymentinaccordancewiththewritofexecutiontocoverthejudgmentcreditorandtheapplicantforsharingthatthecourthadthepermissionorderforthatsaid.%u0009 Thedebtorisundertheabsolutereceivershiporderandispendingtheofficialreceiver%u2019snoticewhetherornottheassetswillbesoldbyauction.%u0009 Thecourtacceptsthepetitionforbusinessreorganization.
