https://www.scconline.com/blog/post/2021/12/31/when-25-of-the-bid-is-already-paid-whether-failure-to-deposit-the-remaining-75-empowers-the-bank-to-direct-forfeiture-of-money-even-when-bank-suffered-no-loss-in-subsequent-auction-sc-answers/
When 25% of the bid is already paid, whether failure to deposit the remaining 75% empowers the Bank to direct forfeiture of money even when Bank suffered no loss in subsequent auction? SC answers