Supreme Court · 2010 INSC 627 · Decided 21 September 2010

Villayati Ram Mittal (PVT.) LTD. v. Union of India & ANR.

Court
Supreme Court of India
Citation
2010 INSC 627 · [2010] 11 S.C.R. 578
Case number
SPECIAL LEAVE PETITION (CIVIL) No. 12144/2009
Decided
21 September 2010
Bench
ALTAMAS KABIR, A.K. PATNAIK (2-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Constitution Article 136, 226

Headnote

11 S.C.R. 578 VILLAYATI RAM MITTAL (PVT.) LTD. v. UNION OF INDIA & ANR. (SLP (C) No. 12144 of 2009) SEPTEMBER 21, 2010 [ALTAMAS KABIR AND A.K. PATNAIK, JJ.) CONTRACT: c Tender - Forfeiture of earnest money - Tender for construction work - Tender notice - Clause stipulating forfeiture of and earnest money forfeited by . employer - Held: When earnest money is furnished by a tenaerer it forms part of the price if the offer of the tenderer is accepted or it is refunded to the tenderer if someone else's offer is accepted, but if for some fault or failure on the part of the tenderer

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