M/S Omsairam Steels And Alloys Pvt. Ltd vs Director Of Mines And Geology,Bbsr

The Supreme Court examined the legality of the e-auction process conducted under the Mineral Auction Rules, 2015, and the Mines and Minerals (Development and Regulation) Act. The Court held that the appellant's bid of 140.10% was valid despite the claimed mistake, as the auction rules did not provide for bid withdrawal or correction post-submission. The Court dismissed the appeal against the High Court's order, affirming that the auction concluded with the appellant's bid being the highest and valid under the established rules.