M/S. Karnataka State Forest ... vs M/S. Indian Rocks

The Supreme Court addressed the legality of the tender process for the sale of confiscated granite blocks under the Karnataka Forest Act, 1963, specifically referencing Section 50. The Court held that the terms of the tender were binding and that the forfeiture of the security deposit for breach of conditions was lawful. The outcome affirmed the appellant's right to enforce the tender conditions and recover dues from the respondent, emphasizing the principle of 'as is where is' in government contracts.