Supreme Court · 2000 INSC 485 · Decided 17 October 2000
National Fertilizers v. Puran Chand Nangia
- Court
- Supreme Court of India
- Citation
- 2000 INSC 485 · [2000] SUPP. 4 S.C.R. 26
- Case number
- CIVIL APPEAL No. 1329/1995
- Decided
- 17 October 2000
- Bench
- M. JAGANNADHA RAO, K.G. BALAKRISHNAN (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Contract Act
Headnote
FERTILIZERS v. PURAN CHAND NANG IA OCTOBER 17, 2000 B [M. JAGANNADHA RAO AND K.G. BALAKRISHNAN, JJ.) Arbitration : Works contract-Acceptance of tender-Applicability of quoted rates C for a variation upto ± 25% of contract value and higher market rates beyond the variation-Claim for higher the terms of contract cannot be altered unilaterally to the detriment of opposite party. Appellant-company invited quotations for works amounting to Rs. 3,39,88,000. The quotation of respondent-contractor was accepted and was given 48% of the work only. The work order issued by the
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