Supreme Court of India

Larsen and Toubro Ltd. & Anr. v. Union of India & Ors.

Neutral citation
Reported as [2011] 5 S.C.R. 1127
Bench Altamas Kabir and Cyriac Joseph JJ.
Decided 5 May 2011

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.

From the headnote

Government Contracts - Bid - Request For Proposal sent to bidders for supply of Fast Patrol Vessels - Tender condition that the price was to be firm and fixed for the entire duration of the contract and not subject to escalation - Petitioner No.1, lowest bidder claiming the benefit of Foreign Exchange Rate Variation (FERV) without specifying the foreign · currency - Respondent No. 4, second lowest bidder indicating a firm rate of exchange as on the date of opening of the o commercial bid - Subsequently, petitioner No. 1 amending its bid by withdrawing its initial offer and offering the quoted

Sign in free to read it

  • The full judgment, page by page, as published in the Supreme Court Reports
  • The ratio: what the Court held, verbatim, with the page it sits on
  • Every bench that relied on it, and every bench that argued against it
  • Search every reported judgment, by party, citation or question
  • Download the PDF, copy pinpoint citations ready for a filing
Sign in to read - for free

An email address, no password.