Apex Law Journal
Apex Law Journal
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Neha Goel, Advocate

Advisory Board

S.C. Khunger, Advocate

Rohit Bansal, Advocate

Varinder Singh Kanwar, Advocate

Hittan Nehra, Advocate

Judgments on Punjab Agricultural Produce Markets Act, 1961

Wednesday, May 14, 2008
Punjab Agricultural Produce Markets Act, 1961

Punjab Agricultural Produce Markets Act, 1961 — Section 18 — Finding of the High Court that in view of non-disclosure of the reserve price to the auction purchasers, the auction proceedings in their favour could neither be cancelled nor the approval be denied on the ground that the bid price offered by them was lower than the reserve price — Held, cannot be accepted — Auction would be final only after the same is approved by the Chief Administrator of the Board — In case the Chief Administrator of the Board rejects the auction, he may not be required to assign any reason for such rejection.

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