कोशिश गोल्ड - मुक्त

JAMMU AND KASHMIR AND LADAKH HIGH COURT: NO BINDING CONTRACT IN TENDER PARTICIPATION, PROCESS CANCELLABLE BEFORE ACCEPTANCE LETTER IS ISSUED

The Business Guardian

|

January 01, 2024

The Jammu and Kashmir and Ladakh High Court in the case Ghulam Qadir Bhat and another V/s U.T of J&K and others observed and has ruled that merely by participating in the tender, no right is being created in favour of the bidder and the tenderer cannot be precluded from its option to cancel the tendering process on any grounds.

JAMMU AND KASHMIR AND LADAKH HIGH COURT: NO BINDING CONTRACT IN TENDER PARTICIPATION, PROCESS CANCELLABLE BEFORE ACCEPTANCE LETTER IS ISSUED

The bench headed by Justice Sindhu Sharma in the case observed and has clarified that the tendering process, thus, can be cancelled at any stage before finalisation and issuance of a letter of acceptance as there was no concluded contract between the parties.

In the present case, the petitioners Ghulam Qadir Bhat and another challenged the cancellation of e-NITS (electronic-Notice Inviting Tenders) by the Chairman of the State Level Purchase Committee, Sheep Husbandry Department, Jammu and Kashmir.

The court issued the e-NITs for the supply of Livestock (Sheep/Goat) from states with similar agro-climatic conditions for the Integrated Sheep Development Scheme.

The Business Guardian से और कहानियाँ

The Business Guardian

The Business Guardian

GST COLLECTIONS RISE 4.6% TO RS 1.95 LAKH CR

The Goods and Services Tax (GST) collections in October, in gross terms, rose 4.6 per cent to about 1.95 lakh crore compared to about 1.87 lakh crore in the same month last year, according to official data released Saturday.

time to read

1 mins

November 02, 2025

The Business Guardian

EXXON POSTS STRONG QUARTERLY EARNINGS WITH PRODUCTION IN GUYANA

Exxon Mobil reported strong a strong third-quarter performance Friday, bolstered by strong Guyana and Permian Basin production.

time to read

1 mins

November 02, 2025

The Business Guardian

The Business Guardian

MoD Mini Ratna expands global footprint with Middle East partnership

New Delhi's maritime diplomacy gained new momentum at India Maritime Week (IMW) 2025 in Mumbai, where state-owned Hindustan Shipyard, a Mini Ratna Public Sector Undertaking (PSU) under the Ministry of Defence (MoD) signed several strategic agreements — including one with MCI World LLC of Dubai — to expand ship repair and refit servic-

time to read

1 mins

November 02, 2025

The Business Guardian

The Business Guardian

619TH MEETING OF CENTRAL BOARD OF DIRECTORS OF RBI HELD

The 619th meeting of the Central Board of Directors of Reserve Bank of India (RBI) was held today in Udaipur under the Chairmanship of Sanjay Malhotra, Governor.

time to read

1 min

November 02, 2025

The Business Guardian

Aadhaar goes for upgrade, sets up committee to...

These will ensure Aadhaar remains resilient against evolving cybersecurity threats, scalable for future demand, and adaptive to the rapidly changing digital landscape.

time to read

1 min

November 02, 2025

The Business Guardian

Amazon carries Wall Street to the finish of another winning week

Amazon led the U.S. stock market on Friday to the finish of another winning week and month.

time to read

1 mins

November 02, 2025

The Business Guardian

Fed’s Waller calls for December rate cut

A clutch of Federal Reserve bank presidents on Friday aired their discomfort with the US. central bank's decision to cut interest rates this week, even as influential Fed Governor Christopher Waller made the case for more policy easing to shore up a weakening labor market.

time to read

2 mins

November 02, 2025

The Business Guardian

The Business Guardian

GADKARI SETS 5 LAKH JOBS TARGET IN 5 YRS IN VIDARBHA

Union minister Nitin Gadkari on Saturday set the target of creating five lakh jobs in the Vidarbha region of Maharashtra in the next five years before a local industry body. He said although the target was challenging, it was achievable. Gadkari was addressing a gathering at the launch of ‘Nagpur Skill Centre’, a skill development initiative of the Association for Industrial Development (AID) in collaboration with Nagpur Municipal Corporation, Tata STRIVE - a skill development Initiative of Tata Trusts, and Vidarbha Global Foundation.

time to read

1 mins

November 02, 2025

The Business Guardian

The Business Guardian

IREF charts roadmap to raise rice share in agri exports to 25%

Prem Garg, National President of the Indian Rice Exporters Federation (IREF) on Friday said that in six months, IREF will develop a roadmap to increase share of rice in the total agricultural exports to 25 per cent from 12-13 currently.

time to read

1 mins

November 02, 2025

The Business Guardian

The Business Guardian

'Indian industry holds responsibility in enhancing air quality'

The Indian industry holds a critical responsibility in enhancing air quality, said Rajesh Verma (IAS), Chairperson, Commission for Air Quality Management in National Capital Region and Adjoining Areas (CAQM), emphasising the need for stronger industrial commitment and cleaner production practices to combat rising pollution levels.

time to read

1 mins

November 02, 2025

Translate

Share

-
+

Change font size