Where the sale of an immovable property, for which a reserve price has been specified, has been postponed for want ... amount not less than such reserve price, it shall be lawful for any officer of the secured creditor, if so authorised by the secured creditor
Secretary (Mines) was constituted. This Committee
was required to fix the reserve price of 51% equity of BALCO which
was to be sold ... Evaluation Committee to work out the reserve price.
The range of valuation of BALCO that emerged on various
methodologies was as follows:-
(i) Discounted Cash
construction of buildings meant to be utilised for
educational purposes. The reserved price has been fixed in
terms of G.O. dated 19.04.1996 which provides ... said residential scheme available to be utilised for
educational use. The reserved price has been fixed
society formed by the employees of such undertaking and fixing of reserve price for such sale; (j) lease of the industrial undertaking of the sick
place and date of opening of the bids in public; (h) reserve price and earnest money to be deposited along with
auction was published on 11.9.2004 fixing the auction
date as 15.10.2004. Reserve Price was fixed at Rs. 3.50 crores. This
notice, admittedly, was for more ... price,
specified under sub-rule (5) of Rule 9.
Provided further that if the authorised officer fails to obtain
a price higher than the reserve
plaintiff was the highest of Rs.11,17,50,000/-. The reserve price
was Rs.106.65 crores. The main terms and conditions ... price higher than |
| | | | |the reserve price |
| | | | |the administrators|
| | | | |may revise the |
| | | | |price downwards |
| | | | |upto maximum of |
| | | | |10% of the reserve|
| | | | |price. |
18. It is apparent
auction bids which, admittedly, were only marginally above the
reserve price fixed by the Competent Authority. In respect of the Hide
Flaying and Carcass Utilization ... Centre, Jhabal Road, Village Fathepur,
Amritsar the reserve price was [pic]45.50 lakhs and the highest (subject)
bid was [pic]46 lakhs; and for Tanning
Hazaribagh
district of Bihar was auctioned in August 1970. The reserve
price was Rs. 95,000/but the appellant ... Since provisional settlement was made for an amount less
than the reserve price the matter was also referred to the
Finance Department. When the matter
price. C, being ignorant of B's instructions, enters into a contract with B to buy the goods at a price lower than the reserved
