Supreme Court Upholds Contract Due to Arbitrary Tender Cancellation

State of Himachal Pradesh & Anr. Vs OASYS Cybernetics Pvt. Ltd. (Supreme Court of India)

LoI Creates No Enforceable Right; Cancellation Upheld but State Directed to Reimburse Quantum Meruit Costs

This appeal concerned the legality of the State of Himachal Pradesh’s cancellation of a Letter of Intent (LoI) issued to OASYS Cybernetics Pvt Ltd for supplying and maintaining upgraded ePoS devices under the Public Distribution System. After four rounds of tendering between 2021â€

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