M/S. B.S.N. JOSHI & SONS LTD. vs NAIR COAL SERVICES LTD. &ORS.

The Supreme Court held that the Maharashtra State Electricity Board's tender process must adhere to the specified eligibility criteria outlined in the notice inviting tender, particularly regarding the technical qualifications of bidders as per clauses 1.5(ii), 1.5(v), and 1.5(vii). The Court found that the Appellant did not meet these essential qualifications, leading to the quashing of the contract awarded to them. Consequently, the Court upheld the High Court's decision to annul the tender award in favor of the Appellant, reinforcing the importance of compliance with tender conditions.