second highest bidder. The first highest bidder, M.
Srinivasulu Reddy, quoted Rs.54,67,899.99. After allotment of the stall, the
first highest bidder failed ... highest bidder. If the 3rd highest bidder, expresses
inability to match his offer to that of the 1st highest bidder, the tender
committee shall negotiate
being the highest bidder on 31.10.2022. Undisputedly,
respondent No.6 herein is the highest bidder and applicant
herein is the second highest bidder ... return of EMD on unsuccessful second highest bidder.
Further, it is made clear that if first highest bidder for any
reason withdraws his offer, then
petitioner was the second highest bidder. As per
condition No.7 attached to the auction notice, the highest bidder had
to deposit the balance amount ... therefore, the bid of the highest bidder was not accepted. He does
not dispute the fact that the highest bidder did not deposit the
amount
Multi Product Pvt. Ltd., the
respondent No.3, emerged as the second highest bidder
for an amount of Rs.6,35,00,000/- against ... unsuccessful bidders will be
returned to them after conclusion of the e-
auction. The EMD of the highest bidder and
also of the second highest
rule(6) to the next highest bidder to
meet the highest additional charge offered by highest
bidder, who shall then be required to convey ... highest bidder
to the next highest bidder to meet the highest additional charge
offered by the highest bidder. In the event the next highest bidder
petitioner was declared the highest bidder (H1
bidder) with highest bid of Rs.1,89,94,174/- for the plot no. A-36 Keshopur
Industrial ... 4904/2019 was filed by one Mr.
Manjeet Singh, the second highest bidder of the property claiming to be
highest bidder in the said
proposition.
(b) Admittedly, petitioner was the second highest bidder in the First
Auction, the first highest bidder being one Smt. Subasini, who withdrew
her candidature ... First Auction, petitioner was the second highest bidder and
one Smt. Subasini, the first highest bidder withdrew from the fray and she
Page
emerged as the highest bidder for 1 vehicle and was the second
highest bidder for a total of 7 other vehicles listed in the tender ... take part in the tender process, the
petitioner being the second highest bidder was therefore offered the
opportunity to acquire the said 7 vehicles
successful auction purchaser within the period
stipulated, the EMD of the second highest bidder shall be
returned.
10. It is made clear that if successful ... forfeited
forthwith and the caption property will be offered to second
highest bidder, namely, Techno Fuel India Private Limited, if he
Patna High Court COMP
land in
question in favour of the Petitioner, who was the second
highest bidder and issue allotment letter in its favour.
3. Mr. Mohanty, learned ... should be
settled in favour of the Petitioner, who is the second highest
bidder.
7. Mr. Rath, learned Senior Advocate appearing for the
Opposite Party
