9911796707
TMI Blog2016 (10) TMI 1095X X X X Extracts X X X X X X X X Extracts X X X X ..... his arrangement nor any disclosure made in advance in this case shall be treated as precedent in future cases. None can rely on this order and the arrangement made in future auctions and sale of goods by public auctioneers or agencies like MSTC. The procedures incorporated in the manual are not given a go-bye nor any of the provisions of that manual are interpreted by this order - It is purely to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... laced before us today in order to ascertain from respondent No. 1 as to whether it is agreeable to the involvement of an auctioneer nominated by respondent No. 3. 2. Mr. Jetly the learned counsel appearing for respondent No. 1 tenders an affidavit of one Sahil Seth, Deputy Commissioner of Service Tax, Division-II, Service Tax-V Commissionerate, Mumbai. In that affidavit, reliance is placed upon ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cticable solution suggested was that whosoever is the agency appointed or nominated for conducting the auction eventually if the bids and offers brought by the 3rd respondent have to be considered by that agency, then, whether the insistence of the 3rd respondent continues and it desires to have its own auctioneer. On taking instructions, Mr. Khambata states that the 3rd respondent is not averse t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... quote their figure or price with certainty. 6. Mr. Jetly states on instructions that the 1st respondent will disclose the necessary and relevant details leading to the fixation of the reserve price sufficiently in advance so that the 3rd respondent can arrange for bids and offers to be considered. 7. Though we accept this arrangement and as suggested by parties, we clarify that it is in the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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