https://www.taxtmi.com/caselaws?id=787979 The primary issue was whether remanding the limited question of valuation and reserve-price fixation to the DRT after completion and confirmation of an auction unlawfully disturbed the rights of a bona fide purchaser. The Court applied the principle protecting bona fide auction purchasers and finality of court-confirmed sales, while recognising the High Court's supervisory jurisdiction to order reassessment where credible issues of inadequate valuation or unlawful reserve fixation arise. The remand was confined to fresh valuation consideration by the Tribunal without setting aside the auction or sale certificate. Outcome: High Court's remand upheld and appeal dismissed. en-us Fri, 13 Mar 2026 00:00:00 +0530 Mon, 16 Mar 2026 08:42:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787979 The primary issue was whether remanding the limited question of valuation and reserve-price fixation to the DRT after completion and confirmation of an auction unlawfully disturbed the rights of a bona fide purchaser. The Court applied the principle protecting bona fide auction purchasers and finality of court-confirmed sales, while recognising the High Court's supervisory jurisdiction to order reassessment where credible issues of inadequate valuation or unlawful reserve fixation arise. The remand was confined to fresh valuation consideration by the Tribunal without setting aside the auction or sale certificate. Outcome: High Court's remand upheld and appeal dismissed. Case-Laws Indian Laws Fri, 13 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787979