https://www.taxtmi.com/caselaws?id=299051 A highest bid in a public auction does not create an enforceable right unless it is accepted by the competent authority and followed by issuance of an allotment letter. Where no concluded contract exists, a suit cannot seek mandatory relief that would compel acceptance of the bid and allotment. The Administrator was held to have authority to reject bids under the governing regulations, the auction terms and the delegated powers on record. The rejection was also treated as non-arbitrary because it rested on auction reports, price trends and revenue considerations, and the claim was found to require ad valorem court fee on the bid value. en-us Fri, 27 Jan 2017 00:00:00 +0530 Thu, 02 Dec 2021 08:51:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299051 A highest bid in a public auction does not create an enforceable right unless it is accepted by the competent authority and followed by issuance of an allotment letter. Where no concluded contract exists, a suit cannot seek mandatory relief that would compel acceptance of the bid and allotment. The Administrator was held to have authority to reject bids under the governing regulations, the auction terms and the delegated powers on record. The rejection was also treated as non-arbitrary because it rested on auction reports, price trends and revenue considerations, and the claim was found to require ad valorem court fee on the bid value. Case-Laws Indian Laws Fri, 27 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299051