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Latest Judicial Auction Generates More Than Qr45mn
(MENAFN- Gulf Times)
The Evictions and Judicial Auctions Department at the Supreme Judiciary Council conducted a series of online auctions on April 19, generating total proceeds of QR45,348,490.
The revenues were allocated to settle a total of 1,274 related cases. The auctions received a total of 3,346 bids. These included the real estate auction, where 33 units were offered for bidding, but only seven units were sold out for a total sum of QR41,674,190 used for the benefit of seven related cases.
The vehicle auction offered 45 vehicles and only 38 were sold out at a total sum of QR470,350 used for 545 related cases. Besides, the equipment auction offered 74 pieces of equipment and only 66 were sold out at a total price of QR3,203,950 used for the benefit of 722 related cases.
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