STATE OF PUNJAB vs M/S. BANDEEP SINGH .

The Supreme Court held that the decision of the Punjab State Leather Development Corporation to reject the highest bids for properties without adequate justification violated principles of administrative fairness. The Court emphasized that decisions must be transparent and reasoned, as per the principles of natural justice. The Court set aside the re-auction order and directed the acceptance of the original bids, reinforcing the necessity for authorities to adhere to their own established procedures and standards in decision-making.