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    <title>1990 (4) TMI 231 - Supreme Court</title>
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    <description>A government company or development authority acting in tender matters is an instrumentality of the State and must conform to Article 14, so its dealings with tenderers must be fair, non-arbitrary, and subject to judicial review. When such a public authority rejects the highest tender offer, the decision may still be commercially justified, but it should ordinarily rest on recorded reasons and be communicated unless there is specific justification for non-communication. Recording reasons promotes transparency, accountability, and reviewability, and prevents uncanalised discretion in public contracting.</description>
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      <link>https://www.taxtmi.com/caselaws?id=101953</link>
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