“Expectation of Higher Price Not Enough”: Supreme Court Says Auctions Can’t Be Cancelled Arbitrarily Supreme Court “Expectation of Higher Price Not Enough”: Supreme Court Says Auctions Can’t Be Cancelled Arbitrarily The Supreme Court ruled that an auction cannot be cancelled just because authorities expected a higher bid. If the highest bid is above the reserve price and the process is lawful, it must be accepted. Share this: Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Like this:Like Loading... By Hardik Khandelwal 6 January 2026, 7:28 PM6 January 2026, 7:28 PM
