https://www.taxtmi.com/caselaws?id=278037 A court sale conducted by public auction and subject to confirmation was not liable to be reopened merely because a family member later offered a higher price. The highest bidder had complied with the sale conditions, including deposit, and the bid exceeded the reserve price fixed by the parties. In the absence of irregularity, fraud, or inadequacy in the price, the court was not justified in refusing a proper highest bid in favour of a later offer made on second thought. The sale was therefore confirmed and the challenge failed. en-us Tue, 01 Aug 1939 00:00:00 +0530 Sat, 05 Jan 2019 16:01:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278037 A court sale conducted by public auction and subject to confirmation was not liable to be reopened merely because a family member later offered a higher price. The highest bidder had complied with the sale conditions, including deposit, and the bid exceeded the reserve price fixed by the parties. In the absence of irregularity, fraud, or inadequacy in the price, the court was not justified in refusing a proper highest bid in favour of a later offer made on second thought. The sale was therefore confirmed and the challenge failed. Case-Laws Indian Laws Tue, 01 Aug 1939 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278037