https://www.taxtmi.com/caselaws?id=309558 A concluded public auction, once duly notified, confirmed and followed by execution of the sale deed, cannot be reopened merely because a later third-party offer is higher. The Court found no fraud, collusion, material irregularity or illegality in the auction process, and held that strangers who never participated in the auction could not challenge the completed sale or seek re-auction on a belated enhanced valuation. The relevant benchmark was the value at the time of auction, not a later appreciation after years. The re-auction direction was therefore unsustainable, the confirmed auction purchase remained undisturbed, and the original judgment restoring the sale was revived. en-us Fri, 18 Feb 2022 00:00:00 +0530 Mon, 11 Sep 2023 09:00:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309558 A concluded public auction, once duly notified, confirmed and followed by execution of the sale deed, cannot be reopened merely because a later third-party offer is higher. The Court found no fraud, collusion, material irregularity or illegality in the auction process, and held that strangers who never participated in the auction could not challenge the completed sale or seek re-auction on a belated enhanced valuation. The relevant benchmark was the value at the time of auction, not a later appreciation after years. The re-auction direction was therefore unsustainable, the confirmed auction purchase remained undisturbed, and the original judgment restoring the sale was revived. Case-Laws Indian Laws Fri, 18 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309558