Supreme Court · 2019 INSC 1296 · Decided 28 November 2019
Odisha Forest Development Corporation LTD. v. M/S Anupam Traders & ANR.
- Court
- Supreme Court of India
- Citation
- 2019 INSC 1296 · [2019] 14 S.C.R. 1030
- Case number
- CIVIL APPEAL No. 9083/2019
- Decided
- 28 November 2019
- Bench
- R. BANUMATHI, A.S. BOPANNA, HRISHIKESH ROY (3-judge bench)
- Outcome
- Case Partly allowed
- Case type
- Civil
Headnote
Contract: Agreement for purchase of 'phal kendu leaf' - As per the agreement the proposed purchaser, apart from provisional security deposit, was required to deposit additional security deposit covering 25% of the purchase price of The proposed purchaser (respondent) failed to deposit the additional security amount - Agreement cancelled - Fresh tender issued - Writ petition challenging cancellation of agreement and issuance of fresh tender - High Court by its interim order stayed the finalisation of
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