Industrial Development Corpn.,Orissa ... vs M/S. Visa Steel Ltd. & Ors

The Supreme Court addressed an application for extension of time regarding the evaluation of bids for the development of the Tangarpada Chromite Deposit, initially directed in a judgment dated 04.02.2008. The Court reiterated that the technical bids of all parties are valid and allowed for revised financial bids to be submitted, emphasizing the need for timely evaluation by the constituted Committee. The Court granted an extension until 15.09.2008 for compliance with its directions, highlighting the importance of considering the best interests of the State in the bidding process.