https://www.taxtmi.com/caselaws?id=196616 The challenge to the decision to re-auction properties with bids marginally above the reserve price was dismissed by the High Court. The lack of reasons for not accepting the bids and the selective re-auctioning of only two properties were key factors. The court emphasized the need for transparent and reasoned decision-making processes, highlighting the government's role in bid approvals. To balance equities, respondents were directed to pay prevailing Circle Rates for the land within a specified timeframe, acknowledging their efforts. The judgment concluded without costs, vacating the earlier stay. en-us Tue, 25 Aug 2015 00:00:00 +0530 Fri, 08 Dec 2017 21:40:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196616 The challenge to the decision to re-auction properties with bids marginally above the reserve price was dismissed by the High Court. The lack of reasons for not accepting the bids and the selective re-auctioning of only two properties were key factors. The court emphasized the need for transparent and reasoned decision-making processes, highlighting the government's role in bid approvals. To balance equities, respondents were directed to pay prevailing Circle Rates for the land within a specified timeframe, acknowledging their efforts. The judgment concluded without costs, vacating the earlier stay. Case-Laws Indian Laws Tue, 25 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196616