https://www.taxtmi.com/caselaws?id=392802 The Supreme Court granted interim relief in a case involving a challenge to a tender award for videoscopes by the CBEC. The Court permitted the Department to procure the videoscopes from the successful bidder with a deduction of 63 lakhs from the payment, pending a detailed hearing on the deduction. If the successful bidder demanded full payment immediately, the Department would need to conduct a fresh tender. This decision aimed to balance the urgent need for equipment, legal disputes over the tender award, and the importance of public interest in the procurement process. en-us Fri, 28 Feb 2020 00:00:00 +0530 Sat, 29 Feb 2020 06:34:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392802 The Supreme Court granted interim relief in a case involving a challenge to a tender award for videoscopes by the CBEC. The Court permitted the Department to procure the videoscopes from the successful bidder with a deduction of 63 lakhs from the payment, pending a detailed hearing on the deduction. If the successful bidder demanded full payment immediately, the Department would need to conduct a fresh tender. This decision aimed to balance the urgent need for equipment, legal disputes over the tender award, and the importance of public interest in the procurement process. Case-Laws Indian Laws Fri, 28 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392802