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SANJIV BERRY, J.

1. The petitioner has filed the present civil writ petition under Article 226/227 of the Constitution of India in the nature of writ of Mandamus seeking quashing of the letters dated 12.06.2020 (Annexure P-32), dated 29.01.2022 (Annexure P-37), dated 31.01.2022 (Annexure P-38), dated 07.03.2022 (Annexure P-43) dated 31.03.2022 (Annexure P-48) whereby respondent No.1-Bank has cancelled the sale bid of the petitioner w.e.f. 21.03.2020 and forfeited the amount of ₹1,07,00,000/- deposited with the respondent Bank under e-auction, besides seeking other reliefs.

2. In nutshell, the case of the petitioner, a private limited company is that in pursuance to sale notice dated 30.01.2020 (Annexure P-1), the petitioner participated in the auction held on 06.03.2020 and deposited the earnest money and gave the highest bid of ₹4,25,00,000/- and was declared highest bidder. Thereafter, on 06.03.2020 at about 1:48 PM, MSTC-ecommerce issued a auto generated e-mail under the heading “Sale Confirmation Letter” communicating to the petitioner that as per the decision of the authorized Officer the bid of petitioner amounting to ₹4,25,00,000/- is accepted as highest bid and petiti