Supreme Court of India
M/s. Puravankara Projects Ltd. v. M/s. Hotel Venus International and Ors.
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1 Supreme Court bench has cited this judgment.
From the headnote
Kera/a Land Reforms Act, 1963--Sections 81(3)(b) and 87-Transfer of land by Government with authority to sell it in public auction-Transferee selling it to successful bidder in tender-Jn pre-bid meeting, transferee assuring that exemption notification from government under Section 81 (3) (b) would be obtained in a few days-However, successful bidder insisting on it as pre condition to furnishing of bank guarantee as per tender terms-Second highest bidder knowing that bank guarantee had not been furnished, matched the highest offer and entire payment in lump sum-On failure of successful bidder
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