MAA KALI ENTERPRISES Vs. CENTRAL COALFIELDS LIMITED

JUDGEMENT

(1.) HEARD counsel for the parties.

(2.) THE petitioner is a successful bidder admittedly in e -auction conducted on behalf of CCL through its agency M. Junction on 25th of March 2013 and in support thereof, he has annexed annexure -1/1 to the writ petition. As per the terms of the e -auction scheme laid down by the CCL, the successful bidder was required to deposit the winning price within a stipulated period through the process of RTGS with a specified Bank Account prescribed in the CCL website.

(3.) THE sole question, as would appear from the narration of the aforesaid facts, is whether the respondent CCL is justified in not accepting remittance of the winning price made by the petitioner through RTGS as it got credited in their account on 5th of April 2013 because of some technical problem of RTGS? The respondent CCL have chosen to stick to their stand that whatever may be the reason for failure of the amount being credited to their account by the last day, they are entitled in law to refuse permission to the petitioner to lift the auctioned coal in question as the amount in question has reached the CCL after the last date i.e. 4th of April 2013.