Supreme Court of India

National Highway Authority of India v. M/s. Ganga Enterprises and Anr.

Neutral citation
Reported as [2003] SUPP. 3 S.C.R. 114
Bench S.N. Variava and H.K. Sema JJ.
Decided 28 August 2003

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

3 Supreme Court benches have cited this judgment.

From the headnote

Contract: Tender-Forfeiture of bid security-Bidders required to furnish bid security and performance security-Bid SPcurity to be forfeited if bidder withdrew his bid during period of bid validity-Respondent gave his bid/ offer and furnished bank guarantee for bid security-Later, when he came to be highest bidder, withdrew his bid before expiry of period of bid validity-Appellant encashed the bank guarantee-Writ petition by respondent for refund of amount allowed by High Court-Held, by invoking the bank guarantee and/or enforcing the bid security, there is no statutory right, exercise of which

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Of those, 2 relied on · 1 referred to

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