H.P. Housing & Urban Dev. Authority vs Universal Estate & Anr

The Supreme Court addressed whether the Chief Executive Officer of the Himachal Pradesh Housing and Urban Development Authority could reject the highest bid after the bidder had deposited the required participation money, as per Clause 5(2) of the Himachal Pradesh Housing and Urban Development Authority (Allotment, Sale of Houses, Flats and Plots) Regulations, 2004. The Court held that the Chief Executive Officer's decision to reject the bid was not justified, emphasizing that once the bid was the highest and the participation money was deposited, the bid should have been accepted. The appeal was allowed, overturning the High Court's decision.