https://www.taxtmi.com/caselaws?id=187098 Tender conditions on earnest money are ordinarily matters of contract and are not open to judicial alteration unless they are arbitrary, discriminatory or mala fide; the exemption for Government organisations and public sector undertakings was treated as having a rational basis, so relaxing the deposit requirement was unjustified. A power-trading contract could not be awarded on price alone where the bidder lacked the mandatory licence for the volume of power involved; the higher bid did not create any entitlement to the contract. The challenge to the tender terms and the claim for award therefore failed. en-us Tue, 03 May 2005 00:00:00 +0530 Mon, 06 May 2024 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187098 Tender conditions on earnest money are ordinarily matters of contract and are not open to judicial alteration unless they are arbitrary, discriminatory or mala fide; the exemption for Government organisations and public sector undertakings was treated as having a rational basis, so relaxing the deposit requirement was unjustified. A power-trading contract could not be awarded on price alone where the bidder lacked the mandatory licence for the volume of power involved; the higher bid did not create any entitlement to the contract. The challenge to the tender terms and the claim for award therefore failed. Case-Laws Indian Laws Tue, 03 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187098