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NCLAT: IBC Auctions are Not Ordinary Contracts, and Market Volatility Does not Excuse Bid Defaults(03.12.2025)

NCLAT at New Delhi held that a successful bidder in a liquidation e-auction cannot evade payment obligations by citing market fluctuations or unrelate.....

Tags : Auctions, Market Volatility, Bid

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SC: Can’t Act Upon Government Order Barring Non-Hindu Vendors from Temple Shop Auctions(21.02.2025)

Supreme Court has clarified that the Government order barring non-Hindu vendors from participating in temple shop lease auctions cannot be acted upon .....

Tags : Supreme Court, Non-Hindu Vendors, Temple Shop Auctions

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SC: Can’t Act Upon Government Order Barring Non-Hindu Vendors from Temple Shop Auctions(21.02.2025)

Supreme Court has clarified that the Government order barring non-Hindu vendors from participating in temple shop lease auctions cannot be acted upon .....

Tags : Supreme Court, Non-Hindu Vendors, Temple Shop Auctions

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