SOUTH EASTERN COALFIELDS LTD. vs M/S S. KUMARS ASSOCIATES AKM(JV)

The Supreme Court addressed a dispute arising from a tender process conducted by South Eastern Coalfields Ltd. for hiring heavy equipment. The court examined the obligations of the successful bidder under the Letter of Intent, particularly regarding the mobilization of equipment and the deposit of a Performance Security. The court ultimately upheld the validity of the tender process and the obligations imposed on the respondent, affirming the decision of the lower courts.