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Web Exclusive | September 2016

Govt wins nine cases on coal block auctions

The government has won all the nine cases in which high courts have given verdict on petitions filed by coal block bidders following disputes over e-auction provisions, according to government data. The winning spree can be considered a vindication of the e-auction as these nine favourable verdicts came even as 31 of the 40 cases which were disposed of by the courts were either dismissed or petitioners decided against pursuing them. The outcome in the nine cases as well as observation of courts in other cases indicate the efficiency of the eauction process. The CAG report on eauction of coal blocks, tabled in Parliament on July 26, had found fault with the process, saying that allowing corporates to submit multiple bids through joint ventures and subsidiaries could have hit competition.
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