Scheme Governing Auction Disputes Applies In All Auction Cases Unless Contrary Scheme Without Arbitration Clause Is Shown: Calcutta High Court

The Calcutta High Court held that the scheme generally governing auction disputes applies unless a contrary scheme without an arbitration clause is specifically shown to be applicable. The court's ruling clarifies the default legal framework for resolving disputes arising from auctions, emphasizing that arbitration would not be the primary recourse if a specific, non-arbitration dispute resolution mechanism is in place for a particular type of auction.