https://www.taxtmi.com/caselaws?id=278036 A Receiver conducting a sale under court directions acts only as an officer of the Court, so the highest bid does not by itself create a binding contract unless the Court has authorised the Receiver to bind it and has accepted the bid. The absence of an express sale-condition requiring court confirmation did not waive the Court's power of confirmation. The contract in a court sale is completed by the Court's acceptance, not by the Receiver's or auctioneer's acceptance alone. The bidder therefore acquired no binding contractual right, and the order directing a re-sale was valid. en-us Thu, 27 Mar 1924 00:00:00 +0530 Sat, 05 Jan 2019 15:53:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278036 A Receiver conducting a sale under court directions acts only as an officer of the Court, so the highest bid does not by itself create a binding contract unless the Court has authorised the Receiver to bind it and has accepted the bid. The absence of an express sale-condition requiring court confirmation did not waive the Court's power of confirmation. The contract in a court sale is completed by the Court's acceptance, not by the Receiver's or auctioneer's acceptance alone. The bidder therefore acquired no binding contractual right, and the order directing a re-sale was valid. Case-Laws Indian Laws Thu, 27 Mar 1924 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278036