https://www.taxtmi.com/caselaws?id=183370 A highest bidder in a statutory public auction acquires no vested right to confirmation where the auction terms reserve final acceptance to the competent authority. The State Government and Housing Board could cancel the auction after irregularities were noticed and directions were issued under the governing Act, particularly where the action was aimed at protecting public revenue and fairness. Judicial review under Article 226 in commercial auction matters is limited to the legality of the decision-making process, so the High Court should not substitute its own view or compel confirmation of the bid. Contempt was also not warranted where the representation was heard and then rejected. en-us Tue, 31 Oct 2006 00:00:00 +0530 Thu, 15 Feb 2024 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183370 A highest bidder in a statutory public auction acquires no vested right to confirmation where the auction terms reserve final acceptance to the competent authority. The State Government and Housing Board could cancel the auction after irregularities were noticed and directions were issued under the governing Act, particularly where the action was aimed at protecting public revenue and fairness. Judicial review under Article 226 in commercial auction matters is limited to the legality of the decision-making process, so the High Court should not substitute its own view or compel confirmation of the bid. Contempt was also not warranted where the representation was heard and then rejected. Case-Laws Indian Laws Tue, 31 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183370