POPCORN PROPERTIES PVT. LTD . THROUGH DIRECTOR vs STATE OF MAHARASHTRA .

The Supreme Court ruled that the provisional acceptance of the Appellant's bid by MHADA was valid and should have been upheld, as the Respondent's bid was not properly considered due to lack of notice to the Appellant. The Court emphasized that the Appellant, being the highest bidder, had a right in equity to the settlement, and the cancellation of its bid was inequitable and politically influenced. The Court held that the order for fresh tenders was erroneous and restored the Appellant's provisional acceptance, allowing it to proceed with the settlement.