https://www.taxtmi.com/caselaws?id=196069 The court found that the minor discrepancy in the Bank Guarantee validity submitted as Earnest Money Deposit (EMD) did not render the bid non-responsive. Rejecting the bid on hyper-technical grounds was deemed contrary to public interest, as the petitioners promptly rectified the error without gaining an unfair advantage. The court considered the tender document amendments and legal precedents, concluding that the bid should be accepted to promote wider competition. The writ petition was allowed without costs, emphasizing the importance of fair competition in public procurement processes. en-us Fri, 27 Mar 2015 00:00:00 +0530 Sat, 18 Nov 2017 12:10:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196069 The court found that the minor discrepancy in the Bank Guarantee validity submitted as Earnest Money Deposit (EMD) did not render the bid non-responsive. Rejecting the bid on hyper-technical grounds was deemed contrary to public interest, as the petitioners promptly rectified the error without gaining an unfair advantage. The court considered the tender document amendments and legal precedents, concluding that the bid should be accepted to promote wider competition. The writ petition was allowed without costs, emphasizing the importance of fair competition in public procurement processes. Case-Laws Indian Laws Fri, 27 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196069