Auction time extended by an hour without prior notice by bank

I had participated in an auction recently to purchase a house. As per the notice given by the bank, the auction was supposed to be conducted from 4 pm - 5 pm with the auto extension of 5 min (provided if any bid is received within the last five minutes) till the sale is concluded. However, without any prior notice, scheduled auction time was changed to 4 pm - 6 pm without any prior notice. I was the highest bidder (H1) till 5 pm (Price P1), but later after 5 pm someone started bidding, and the auction went on. Ultimately I am the highest bidder now as well (P2). P2 is substantially higher than P1. Can I ask for the records and file a case asking to allow me to register the property at the P1 price? I had asked the manager for an explanation but was told that the other bidders did not get the login details and hence the auction was extended by an hour.

Answers (1)

264 votes

This is M.A RAHEEM KHAN Advocate, From : Hyderabad, @

You have to issue Legal Notice to Manger through Advocate for explanation how they extended an hour without prior notice and wait for reply if he fail to give reply in Specified time which mention in Legal Notice then you can file case against the Manager.

Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

Popular Property Lawyers

Advocate Rajesh Rai
Sector-19, Dwarka, Delhi
19 years Experience
Advocate Sunil Kumar Bakshi
Sector-16, Faridabad
32 years Experience
Advocate Saifuddin Saifee
Maharani Road, Indore
18 years Experience
Advocate J. P. Rinwa
Swej Farm, Sodala, Jaipur
18 years Experience

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at and has been responded by one of the Property Lawyers at to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at or contact a Lawyer of your choice to address your query in detail.

Related Articles

" has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."

Similar questions

1-B has purchased 1 acre agicululture land from A 2-Though B has got registered sale deed in his name but he has not transferred his name on 7/12 even…

Read More

Hi, Our anisternal aggriculture land was taken away by government for new road project in pune. I heard they are offering 4 times of ready reckner va…

Read More

Earlier brother ignore to divide property and his say you have only girl child and I have boy chiled so you are not eligible for property and many tim…

Read More

Query: I am having flat and membership in group housing society, now I wish to purchase another flat in the same housing society. My query is : 1. Can…

Read More