ASIA FOUNDATION & CONSTRN. LTD vs TRAFALGAR HOUSE CONSTRN.(I) LTD

The Supreme Court held that the High Court's decision to quash the Paradip Port Trust's contract award to AFCONS was improper. The Court emphasized the need for fair negotiations among bidders as per the principles of transparency and fairness in public procurement. The Court directed the Port Trust to negotiate with both AFCONS and Trafalgar House Construction, allowing them to submit fresh offers, and if negotiations fail, to proceed with rebidding, thereby upholding the principles of fair competition in public contracts.