https://www.taxtmi.com/caselaws?id=438480 Essential tender conditions in a statutory auction must be strictly complied with. The successful bidder's documents were held not to satisfy the requirement of producing the previous financial year's income tax return, and the GST no-dues document was not treated as a statutory, unconditional certificate. The decision to finalise the quarry settlement on the same day, despite the selection committee's own direction that the documents required verification and confirmation, was found inconsistent with the prescribed process and arbitrary. The impugned settlement was set aside, and the authorities were directed to conduct a fresh tender process in accordance with law. en-us Thu, 18 May 2023 00:00:00 +0530 Thu, 01 Jun 2023 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438480 Essential tender conditions in a statutory auction must be strictly complied with. The successful bidder's documents were held not to satisfy the requirement of producing the previous financial year's income tax return, and the GST no-dues document was not treated as a statutory, unconditional certificate. The decision to finalise the quarry settlement on the same day, despite the selection committee's own direction that the documents required verification and confirmation, was found inconsistent with the prescribed process and arbitrary. The impugned settlement was set aside, and the authorities were directed to conduct a fresh tender process in accordance with law. Case-Laws Indian Laws Thu, 18 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438480