https://www.taxtmi.com/caselaws?id=450109 The Tribunal dismissed the Appeal due to lack of merit, emphasizing that the Appellant, despite being a qualified bidder, did not participate in the auction. The Auction for lot-III had concluded, rendering challenges to the auction notice unfeasible. The Tribunal upheld that regulatory timelines supersede process document discrepancies, and non-refundable EMD challenges should have been raised earlier. Consequently, the Appellant's submissions were deemed untimely and insufficient to warrant relief. en-us Tue, 27 Feb 2024 00:00:00 +0530 Tue, 27 Feb 2024 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450109 The Tribunal dismissed the Appeal due to lack of merit, emphasizing that the Appellant, despite being a qualified bidder, did not participate in the auction. The Auction for lot-III had concluded, rendering challenges to the auction notice unfeasible. The Tribunal upheld that regulatory timelines supersede process document discrepancies, and non-refundable EMD challenges should have been raised earlier. Consequently, the Appellant's submissions were deemed untimely and insufficient to warrant relief. Case-Laws Insolvency and Bankruptcy Tue, 27 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450109