Supreme Court · 2021 INSC 350 · Decided 23 July 2021
South Eastern Coalfields LTD. & ORS. v. M/S. S. Kumar’s Associates Akm (Jv)
- Court
- Supreme Court of India
- Citation
- 2021 INSC 350 · [2021] 8 S.C.R. 8
- Case number
- CIVIL APPEAL No. 4358/2016
- Decided
- 23 July 2021
- Bench
- SANJAY KISHAN KAUL, HEMANT GUPTA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
Contract: Invitation of tender for hiring of equipments and machine for excavation and drilling work - Respondent was successful bidder - Issuance of Letter of Intent (LOI) - In terms of LOI, the respondent was to mobilize equipment for was called upon to deposit Performance Security Deposit for a sum total of 5% of annualized contract amount within 28 days from the date of receipt of the LOI; sign the Integrity Pact before entering into the agreement in accordance with the tender document - Respondent mobilized
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