https://www.taxtmi.com/caselaws?id=111918 The Supreme Court confirmed the sale of Champaran Sugar Co. Ltd.'s property in favor of the highest bidder from 2001, directing the bidder to make an additional payment of Rs. 3 crores within three months. The Court balanced the interests of all parties, considering the delays caused by interim court orders and the adequacy of the initial bid. If the bidder fails to make the additional payment, a fresh auction will be conducted as per the company judge's order. The appeal was partly allowed with no order as to costs. en-us Fri, 08 Aug 2008 00:00:00 +0530 Wed, 14 Aug 2013 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111918 The Supreme Court confirmed the sale of Champaran Sugar Co. Ltd.'s property in favor of the highest bidder from 2001, directing the bidder to make an additional payment of Rs. 3 crores within three months. The Court balanced the interests of all parties, considering the delays caused by interim court orders and the adequacy of the initial bid. If the bidder fails to make the additional payment, a fresh auction will be conducted as per the company judge's order. The appeal was partly allowed with no order as to costs. Case-Laws Companies Law Fri, 08 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111918