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

Credit: IndiaTimes- Published 2 hours ago
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.

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Karnataka High Court

High Court for Indian state of Karnataka at Bengaluru
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..
Credit: IndiaTimes - Published 4 days ago

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Credit: IndiaTimes - Published 4 days ago

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Credit: IndiaTimes - Published 1 week ago

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