Supreme Court of India
M/s Om Gurusai Construction Company v. M/s V.N. Reddy & Ors
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.
What the Court ordered
In view of the above, we have no hesitation to hold that the deposit of the additional performance security on 17.03.2021 was in due compliance of Clause 2.22.0 (ix) of the tender conditions.
Judgment, page 9
From the headnote
Issue for consideration: Under Clause 2.22.0 (ix) of tender conditions, the appellant was to furnish the additional performance security within a period of two working days and this duration of two days was not to be relaxed under any circumstances, whether to construe clause 2.22.0(ix) as rigid and unalterable, even if the justice of the cause warranted otherwise. Tender – The tendering authority had accepted the additional performance security on 17.03.2021 i.e. after a period of two working days – Propriety: Held: Under Clause 2.22.0 (ix), the appellant was to furnish the additional…
Authorities it was built on
- 1994 Tata Cellular v. Union of India
- 2016 Afcons Infrastructure Ltd. v. Nagpur Metro Rail Corporation Ltd. & Anr.
- 1987 Raj Kumar Dey and Others v. Tarapada Dey and Others
- 1961 Mahanth Ram Das v. Ganga Das.
- 2004 Huda and Anr. v. Babeswar Kanhar and Anr.
- 2007 Rosaliv. v. Taico Bank and Ors.
- 2019 Vidarbha Irrigation Development Corporation v. M/s Anoj Kumar Agarwala & Ors.
- 2018 Dr. M. Dakshayani v. The State of Karnataka
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