TMI Blog2018 (3) TMI 1789X X X X Extracts X X X X X X X X Extracts X X X X ..... the time of bidding. The earnest money deposited (EMD) of all the unsuccessful bidders were returned on the same date and the EMD amount of the highest bidder has been deposited by the Official Liquidator with Punjab National Bank, Jaipur on 22.02.2018. Prayer has been made to accept the highest bid offered by ECR Buildtech Ltd., New Delhi by the Official Liquidator. Taking into consideration t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... able with him ready to offer better price. Surprisingly, today the lawyer has given his NOC and withdrawn his power. Mr. Amol Vyas, Advocate appears but he has not placed any document to show that any such person has offered higher price than what has been submitted by the Official Liquidator. It appears that the respondents are adopting unfair pract ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ings and EMD of ₹ 34,53,000/-. Three sale bids were received upto the last date and letters were issued to the bidders on 15.02.2018 to attend the tender opening proceedings on that day following proceedings were recorded:- 6. That pursuant to the aforesaid letter dated 15.02.2018 two tenderers were present and the representative of Tender for M/s ECR Buildtech Pvt. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ale notice prescribed by the Official Liquidator and has also not submitted the tender befor the last date of receipt of tender i.e. 31.01.2018. Therefore, he was not allowed to participate in the bidding process and advised him to approach the Court for appropriate order, if he is still interested. Therefore, the offer given by the Jai Balaji Industries, Bhiwadi was not considered by the Official ..... X X X X Extracts X X X X X X X X Extracts X X X X
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