Supreme Court ruled that Highest Bidder in Tender Process has No vested Right to Contract
Supreme Court bench having Justice Satish Chandra Sharma and Justice Bela M Trivedi heard a civil appeal filed by Indore Development Authority (“Appellant”) where it challenged the High Court’s Division Bench order. High Court Division Bank was in favour of giving Contract to highest bidder in the Notice Inviting Tender (NIT) with reserve price of ₹21,120...
Read MoreLand Owners (like Farmers) entitled for highest value in Compulsory Land Acquisition: Supreme Court ruling
Supreme Court reiterated again that landowners to be given highest possible value in Compulsory Land Acquisition, in a case reference to Tauru (Mewat) Land owners vs HUDA under the Land Acquisition Act, 1894. Here, SC reverted the Punjab & Haryana high court ruling which found compensation of ₹45 Lakhs per acre, but SC ruled for...
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