Tuesday, 8 December 2015

Bidder couldn't cry foul on terms of spot e-auction of Coal India as it didn't satisfy itself about

Competition Act: Where before participating in e-auctions, it is was duty of potential bidders to satisfy themselves about quality of coal being offered from a source; bidders not having done that could not now complain that conditions of spot e-auction scheme framed by Coal India Limited were arbitrary and unfair, no contravention of section 4 was made out

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