India  
 
NewsR.in

Sole auction participant can't be declared 'winning' bidder: High court

IndiaTimes Tuesday, 24 December 2024 ()
The Karnataka HC stated that having just one bidder in an auction undermines the goal of obtaining the best competitive price. The court ordered a home finance firm to refund earnest money to a sole bidder who did not complete the deal, emphasizing that such a scenario is unjustifiable and logically impossible.
0
shares		ShareTweetSavePostSend
 

You Might Like


💡 newsR Knowledge: Other News Mentions

Karnataka High Court Karnataka High Court High Court for Indian state of Karnataka at Bengaluru

Arrest rules not followed, set BJP MLC CT Ravi free: HC

 Karnataka High Court ordered the immediate release of BJP MLC CT Ravi on Friday. Police arrested him on Thursday for allegedly making derogatory remarks against..
IndiaTimes

Karnataka: Advocate terms CT Ravi's arrest 'illegal,' alleges guidelines not followed

 BJP leader CT Ravi was arrested for derogatory remarks against Minister Lakshmi Hebbalkar, sparking controversy over the legality of the arrest. Ravi's advocate..
IndiaTimes

'How's that an offence?': SC on 'Jai Shri Ram' slogan inside mosque

 The Supreme Court questioned the criminalization of chanting "Jai Shri Ram" during an appeal against the Karnataka High Court's dismissal of a case involving two..
IndiaTimes