Search Results for "Reserve Price"

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Supreme Court

Supreme Court Dismisses Special Leave Petition in Arbitration Matter Upholding High Court's Quashing of Arbitral Award. Court Found No Valid Arbitration Agreement Between Parties and That State Government Lacked Jurisdiction to Appoint Arbitrator Under Section 143-A(3) of Maharashtra Municipal Councils Act, 1965 for Octroi Collection Contract Dispute.

24 Mar 2026

The dispute originated from an octroi collection contract awarded by Ambernath Municipal Council to Petitioners. through a tender process in March 199...

High Court

High Court Allows Writ Petitions by Bank and Auction Purchaser, Quashing DRT Order Setting Aside Auction Sale. DRT Exceeded Jurisdiction by Granting Final Relief in Interim Application Under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Despite Valid Auction Compliance with Rules.

24 Mar 2026

The dispute arose from an order passed by the Debt Recovery Tribunal-III, Mumbai (DRT) setting aside an auction sale conducted by HDFC Bank Limited an...

High Court

High Court Dismisses Writ Petition Challenging Railway Shoe-Shine Policy and Upholds Tender Process for Cooperative Societies. Policy aimed at generating employment for lower strata through cooperative societies was held not arbitrary, and petitioner's claim for exclusive contract was rejected as right to livelihood does not confer monopoly under Article 21 of the Constitution of India.

18 Mar 2026

The dispute arose from a writ petition filed by Petitioners, a society registered under the Maharashtra Co-operative Societies Act, 1960, against the ...

Supreme Court

Supreme Court Dismisses Union of India's Appeal in 2G Spectrum Case -- Clarifies Reserve Price Payment Timeline Under Supreme Court Orders -- TDSAT Order Upheld with Corrected Interpretation

20 Feb 2026

The Supreme Court addressed an appeal by the Union of India against a TDSAT order regarding payment of reserve price by Sistema Shyam Teleservices Lim...

High Court

High Court Dismisses Writ Petition by Petitioner Challenging Tender Rejection by KPTCL - No Violation of Natural Justice Found in Battery Energy Storage System Tender Process

27 Jan 2026

The petitioner, filed a writ petition under Articles 226 and 227 of the Constitution of India challenging the rejection of its bid in a tender process...

High Court

High Court Upholds Auction Sale Despite Alleged Regulation Breach Court Rules Against Assignee's Claims, Emphasizes the Importance of Timely Objections in Auction Proceedings

8 Aug 2024

The Bombay High Court dismissed the writ petition filed by Invest Assets Securitisations & Reconstruction Pvt. Ltd., challenging the auction sale ...

Supreme Court

Supreme Court Dismisses Appeal in Sick Industrial Companies Act Case Due to Non-Compliance with Statutory Auction Requirements. Auction Held Invalid as Reserve Price Not Notified in Auction Notice Under Section 21(c) of Sick Industrial Companies (Special Provisions) Act, 1985, and Procedural Fairness Lacking.

27 Apr 2023

The appeal concerned the validity of an auction conducted by Industrial Development Bank of India (IDBI) as the Operating Agency for the sale of asset...

Supreme Court

Supreme Court Upholds Bank's Reauction and Deposit Forfeiture Under SARFAESI Act, 2002. Auction purchaser's failure to pay balance within stipulated time justified forfeiture, with liberty to pursue recovery through independent proceedings.

11 Apr 2023

The appeal arose from a dispute involving auction proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Secur...

Supreme Court

Supreme Court Reverses High Court in SICA Case on Unsecured Creditor Rights - Sanctioned Rehabilitation Scheme Binding on All Creditors. Court held that under Sections 18(8) and 32 of Sick Industrial Companies (Special Provisions) Act, 1985, unsecured creditors cannot opt out of scaled-down payments and must accept scheme terms for company revival.

17 Mar 2023

The Supreme Court addressed a group of appeals concerning the binding effect of rehabilitation schemes sanctioned under the Sick Industrial Companies ...

Supreme Court

Supreme Court Upholds High Court Order Directing Confirmation of Auction Sale Under Punjab Package Deal Properties (Disposal) Act, 1976. High Court's Intervention Justified as Financial Commissioner's Order Based on Conjectures Without Material Evidence Under Rule 8 of the Rules 1976.

2 Mar 2022

The appeal arose from a judgment of the Division Bench of the High Court of Punjab and Haryana at Chandigarh dated 13 August 2008, which set aside an ...

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