PNC INFRATECH LIMITED vs NATIONAL HIGHWAYS AUTHORITY OF INDIA

$~J * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment pronounced on: 28.10.2025 W.P.(C) 4083/2023 and CM APPL.15889/2023 PNC INFRATECH LIMITED .....Petitioner Through: Mr. Sandeep Sethi, Sr. Adv., Mr. Arvind Nayyar, Sr. Adv. and Mr. Nilava Bandyapathyay, Mr. Adhi P. Roy and Ms. Riya Kumar, Advs. versus NATIONAL HIGHWAYS AUTHORITY OF INDIA .....Respondent Through: Ms. Madhu Sweta and Mr. Yash Kapoor, Advs. for NHAI. CORAM: HON'BLE MR. JUSTICE SACHIN DATTA JUDGMENT 1. The present petition has been filed by the petitioner / PNC Infratech Limited, seeking quashing of the impugned letter dated 27.03.2023 issued by the respondent/ National Highways Authority of India (“NHAI”), whereby the respondent threatened invocation of the petitioner’s Bid Security furnished in the form of Bank Guarantee No. 09830ILG009122, amounting to Rs.7.14 Crore, submitted in connection with the tender process. The petitioner further seeks a direction for return of the said Bid Security. 2. The factual matrix set forth by the petitioner is that pursuant to the Request for Proposal (“RFP”) dated 15.07.2022, issued by the respondent W.P.(C) 4083/2023 3. Upon opening the financial bids on 22.12.2022, a discrepa