Government Can Cancel Tender to Protect State’s Financial Interests: SC

Principal Chief Conservator of Forest & Ors. Vs Suresh Mathew & Ors. (Supreme Court of India) Supreme Court order that Government is the protector of financial resources of the state and has every right to cancel/call for fresh tender if it is in the nature of protecting the financial interests of the State In the case of State of Orissa and others vs. Harinarayan Jaiswal and others, in relation to excise revenue, the Supreme Court observed as under: “13. … The Government is the guardian of the finances of the State. It is expected to protect the financial interest of the State. He...