Shree Shyamji Transport Company vs F.C.I. & Ors

The Supreme Court upheld the Punjab and Haryana High Court's decision to dismiss the appellants' writ petitions challenging the rejection of their tender by the Food Corporation of India (FCI). The Court found that the forfeiture of the Earnest Money Deposit (EMD) was valid under Clause 4(III) of the Model Tender Form (MTF) due to the appellants' prior failure to meet security deposit requirements. The Court clarified that the earlier order did not negate the grounds for disqualification, affirming the High Court's interpretation of the relevant clauses in the MTF.