Supreme Court on Auctioning of Natural Resources

“A Duly publicised auction conducted fairly and impartially is perhaps the best method for discharging this burden and the methods like first come first served when used for alienation of natural resources/public property are likely to be misused by unscruplous people who are only interested in garnering maximum financial benefit and have no respect for the constitutional ethos and values.”

G.S.Singhvi J, in Centre for Public Interest Litigation v. Union of India (2012) 3 SCC 1, para 96