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11. Shri Sabnis, learned counsel for the petitioner in Writ Petition No.104192/19, echoed the stand taken by the petitioners in Writ Petition No.7784/2019 and Writ petition No.9064/2019 and prayed for quashing the auction assailed in this petition.

12. The Petitioners have placed reliance upon following judgments in support of their case.( 2008 (9) SCC 299, Valji Khimji Vs. Official Liquidator; (2000) 6 SCC 69, Divya Manufacturing Vs. Union Bank of India; (2005) 5 SCC 274, Union Bank of India Vs. Official Liquidator; AIR 1999 SC 1715, Allahabad Bank Vs. Bengal Paper Mill; and a Judgment of this Court in Aurangabad Zilha Krishi and Auddhyogik Bahuuddeshiya - Sarva Seva Sahakari Sansthacha Sahakari Sangh Maryadit in Writ Petition No.4266/2011 dated 29th November, 2011.

29. In the case of Divya Manufacturing (supra), the facts are that from Rs.73 lakhs, the offer was increased up to Rs.2 crores from which the Court had came to the conclusion that price earlier offered was highly inadequate. In case of Divya Manufacturing (supra), the price was increased by five times. In the present case the subsequent offer of Rs. 13.71 corers is not even double the accepted offer of Rs. 12.06 corers, therefore, this judgment is not applicable to the present case.