https://www.taxtmi.com/caselaws?id=273489 Acceptance of a tender by the State, read with the tender terms and the parties' conduct, can create a concluded contract even if a formal agreement remains optional; the arbitration clause in the tender conditions then becomes enforceable. Refusal of adjournment did not breach natural justice where no stay had been granted and the party chose not to participate. However, a non-speaking award in a dispute involving public funds was unsustainable because the arbitrator gave no reasons or findings on the material claims. The award was therefore set aside and the matter remitted for fresh decision. en-us Tue, 04 Jan 2011 00:00:00 +0530 Fri, 29 Jun 2018 12:55:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273489 Acceptance of a tender by the State, read with the tender terms and the parties' conduct, can create a concluded contract even if a formal agreement remains optional; the arbitration clause in the tender conditions then becomes enforceable. Refusal of adjournment did not breach natural justice where no stay had been granted and the party chose not to participate. However, a non-speaking award in a dispute involving public funds was unsustainable because the arbitrator gave no reasons or findings on the material claims. The award was therefore set aside and the matter remitted for fresh decision. Case-Laws Indian Laws Tue, 04 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273489