Previous High Bid Cannot Set the Minimum for Future Auctions; MP Sand Mining Tender Results Restored: Supreme Court
The Supreme Court has restored sand mining auction results for Shahdol and Katni districts in Madhya Pradesh, ruling that previous high bids cannot automatically be used as the minimum benchmark for fresh auctions. A Bench of Justice Aravind Kumar and Justice Vipul M. Pancholi allowed appeals filed by Sahakar Global Limited and M/s Dhanlaxmi Merchandise Private Limited, setting aside the Madhya Pradesh High Court’s decision that had upheld the cancellation…