Sale
Committee has therefore recorded that the highest offer received
along with offer of the second highest bidder be placed before the
Court and Earnest ... Deposit of other bidders.
3. At
the time of hearing, both the highest bidders viz. respondent No.4
and the second highest bidder
that after opening of tender he was found to be the second
highest bidder in respect of shop in question and the first highest bidder ... which the second highest bidder shall become
automatically entitled to be given an offer in case of failure of the highest
bidder accepting the same
Official
Liquidator for retraining the Demand Draft towards EMD of the
second highest bidders i.e. Shri Ashok G. Nawal (For Two Lots ... pleased to direct the Official
Liquidator to refund EMD amount to second highest bidders which is
retrained by the Official Liquidator
Demand Drafts of the highest bidder and also of the
Second highest bidder of the different lots at the time of auction
held ... pleased to permit the Official Liquidator
to refund the EMD of second highest bidder, in case, the sale is
confirmed in favour of highest bidder
behalf of M/s.
Citizen Metalloys Ltd., who was the second highest bidder, who has
appeared pursuant to the notice issued by the Official Liquidator ... stated at the bar, under instructions from his client, that the
second highest bidder i.e. M/s. Citizen Metalloys Ltd is not
interested
subject
project by RLDA was fixed at Rs.675 crores, the second
highest bidder had offered a price of Rs.757 crores only
deposited earnest money of
Rs. 25 lacs in dollars. The second highest bidder had submitted a bid
C.P.No.204/2003 Page
property was
put to resale and Respondent No.2, who was second highest bidder, raised
his bid to match with offer made by Sitaram Purohit ... property was thereafter resold in favour of second highest bidder who
agreed to raise his bid to Rs.4,61,000/-. The executing Court accepted
applied firstly, in payment of such costs, charges and expenses
and, secondly, in discharge of the debt due to the Financial
Corporation, and the residue ... advertisement two
offers were received out of which the second highest bidder was given
letter of possession and sale deed was executed in view
Sundergarh. The Bid Invitation
Notice clearly indicates that sealed bids from intending bidders for collection of Toll for a
period of one year were invited ... executed with him and that the
opposite party No.4 the second highest bidder having been called for negotiation, he
should have been also called
