Supreme Court · 2015 INSC 573 · Decided 13 August 2015
Vedicaprocon Private Limited v. Balleshwar Greens Private Limited & Others
- Court
- Supreme Court of India
- Citation
- 2015 INSC 573 · [2015] 8 S.C.R. 1099
- Case number
- CIVIL APPEAL No. 6165/2015
- Decided
- 13 August 2015
- Bench
- JASTI CHELAMESWAR, ABHAY MANOHAR SAPRE (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
A B Auction - Company under liquidation - Auction of c properly- Highest bid by the appellant-Acceptance of the bid by the company judge - Subsequently, unsuccessful bidder sought revocation of said orderon the ground that the unsuccessful bidder was willing to offer higher price that the Company judge's order accepting bid of D the appellant-highest bidder was .vitiated as judge failed to take note of potential value of land and bid of the appellant was inadequate price to the said property- Justification of­ Held: High Courl was not justified in recalling the
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