No purchase order, no contract, no arbitration

Emcure Pharmaceuticals Ltd. Vs Managing Director (Orissa High Court) It was clear, therefore, that till such time the purchase order was issued pursuant to such acceptance of the offer made by the Petitioner, there was no completed ‘contract’. Consequently, Clause-6.34.1 would not get attracted. Facts- The Odisha State Medical Corporation (OSMC) floated the tender which had two components viz., technical and financial. The Petitioner was one of the bidders as was Opposite Party No.4. However, according to the Petitioner, the bid of Opposite Party No.4 was wrongly accepted by the OSMC in vi...