GOLDEN FOOD PRODUCTS INDIA versus STATE OF UTTAR PRADESH & OTHERS

Case summary from SCR

Issue for Consideration The authority conducting the auction expected a higher bid than what the highest bidder had bid, whether it can be a reason to discard the highest bid. Headnotes† Auction – Ghaziabad Development Authority (GDA)-respondent no.2 herein had advertised the an auction – On 15.03.2024, an open auction was conducted in which the reserve price of the subject plot was fixed at Rs.25,600/- per sq. mtr. – The appellant submitted a bid of Rs.29,500/- per sq. mtr., which was the highest, and was thus declared the highest bidder –