Mohali, May 15 -- Even in the fifth round of e-auction held on Wednesday, the UT excise and taxation department was able to sell only six out of the 17 liquor vends. It earned a revenue of Rs.39.60 crore against the reserve price of Rs.24.32 crore. The highest bid of Rs.10.95 crore was received for the liquor vend in the Sector 22-C market against the reserve price of Rs.4.13 crore. The second highest bid of Rs.10.50 crore was for the vend in Sector 22 market (opposite bus stand) against the reserve price of Rs.3.26 crore. The third highest bid of Rs.6.21 crore came for the vend in the Sector 40-C market with a reserve price of Rs.6.03 crore. In the fourth round of action on May 8, 10 vends remained unsold. The department managed to auction 11 liquor vends out of 21 and earned a revenue of Rs.60.76 crore against the reserve price of Rs.47.97 crore. The department on Tuesday blacklisted seven highest bidders who failed to deposit the requisite security money within the prescribed deadlines for various retail sale licencing units auctioned recently through e-tendering. It was able to auction only seven out of 28 vends during the third round of auction on April 29. On April 21, the department had put up 48 liquor vends, the licences of which were cancelled for non-payment of bank guarantee, for auction. It managed to find bidders for only 20 liquor vends....