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    <title>1974 (1) TMI 112 - Supreme Court</title>
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    <description>Government tender conditions may reserve discretion to reject the highest bid without assigning reasons, particularly in the disposal of liquor privileges, provided the discretion is not exercised arbitrarily or discriminatorily. The State is not obliged to accept the highest tender where another offer is considered more suitable or better serves its financial interests. A lease granted on acceptance of a revised offer cannot be annulled merely because the Government later expresses willingness to cancel it; cancellation requires an independent cogent ground. The tender condition was valid, the action did not violate Article 14, and cancellation of the lease was unsustainable.</description>
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    <pubDate>Wed, 09 Jan 1974 00:00:00 +0530</pubDate>
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      <title>1974 (1) TMI 112 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=187934</link>
      <description>Government tender conditions may reserve discretion to reject the highest bid without assigning reasons, particularly in the disposal of liquor privileges, provided the discretion is not exercised arbitrarily or discriminatorily. The State is not obliged to accept the highest tender where another offer is considered more suitable or better serves its financial interests. A lease granted on acceptance of a revised offer cannot be annulled merely because the Government later expresses willingness to cancel it; cancellation requires an independent cogent ground. The tender condition was valid, the action did not violate Article 14, and cancellation of the lease was unsustainable.</description>
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      <pubDate>Wed, 09 Jan 1974 00:00:00 +0530</pubDate>
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