Supreme Court of India
State of Haryana & Ors. v. M/s Malik Traders
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1 Supreme Court bench has cited this judgment.
From the headnote
Contract: c Tender - Inviting of bids for collection of toll - Terms of bid requiring to keep the offer/bid open for acceptance upto 90 days after the last date of receipt of bid - Letter of acceptance issued to bidder within the bid validity period - Bidder failed to deposit security amount and the first 0 instalment within the stipulated period - Letter of acceptance issued to bidder cancelled and bid security forfeited - HELD: person may have a right to withdraw his offer, but if he has made his offer on a condition that the Bid Security amount can be forfeited in case he withdraws the
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