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Case Name : Kimberley Club Pvt. Ltd. Vs Krishi Utpadan Mandi Parishad & Ors (Supreme Court of India)
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Kimberley Club Pvt. Ltd. Vs Krishi Utpadan Mandi Parishad & Ors (Supreme Court of India) Tender Condition Must Speak for Itself – Implied Requirement by Mandi Parishad Struck Down- SC Quashes Rejection of Tender Bid Over solvency certificate – Rules Authority Acted Beyond Tender Terms- Valuer’s Certificate Accepted as Proof of Solvency – High Court Order Set Aside The Supreme Court set aside the Allahabad High Court’s order upholding the rejection of Kimberley Club Pvt. Ltd.’s technical bid by the Krishi Utpadan Mandi Parishad (Lucknow), holding that the authority’s action w...
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