Supreme Court · 2025 INSC 215 · Decided 13 February 2025
M/S Abci Infrastructures PVT. LTD. v. Union of India and Others
- Court
- Supreme Court of India
- Citation
- 2025 INSC 215 · [2025] 3 S.C.R. 128
- Case number
- CIVIL APPEAL No. 2546/2025
- Decided
- 13 February 2025
- Bench
- SANJIV KHANNA, SANJAY KUMAR, K.V. VISWANATHAN (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Contract Act Section 20
Headnote
Whether BRO-Border Road Organisation was justified in accepting the bid of Rs.1,569/-, and on the failure of the appellant-L1 bidder to execute the agreement asking for forfeiture vide encashment of bank guarantee of - s.20 - Mistake of fact - Tender dispute - Forfeiture of bank guarantee/bid security on default - Respondent no.2- Border Road Organisation invited bids for the construction of tunnels and appellant ranked as L-1 bidder - When financial bids opened, the
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