Supreme Court of India · 2022-03-21

M/S N.G. PROJECTS LIMITED vs M/S VINOD KUMAR JAIN

Citation / case number: SC 2022/3680
Court: Supreme Court of India
Petitioner: M/S N.G. PROJECTS LIMITED
Respondent: M/S VINOD KUMAR JAIN
Author: HON'BLE MR. JUSTICE HEMANT GUPTA
Bench: HON'BLE MR. JUSTICE V. RAMASUBRAMANIAN HON'BLE MR. JUSTICE HEMANT GUPTA

Judgment text excerpt

The Supreme Court allowed the appeal of M/s. N.G. Projects Limited against the High Court's dismissal of their writ petition regarding a tender for road reconstruction. The Court permitted the appellant to complete the project but ruled that they could not claim escalation costs for the duration the matter was pending in court. The decision emphasized adherence to the prescribed format for bank guarantees in tender submissions.