Search Results for "EMD forfeiture"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
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Search Results for "EMD forfeiture"

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High Court

Bombay High Court Quashes CIDCO's Tender Cancellation as Arbitrary and Unreasonable. Petitioner's Highest Bid Accepted After 21 Months, Cancellation Without Justification Violates Article 14.

22 Dec 2025

The petitioner, Bhagwati Akshar Empire LLP, participated in an e-auction conducted by the City and Industrial Development Corporation of Maharashtra L...

High Court

High Court of Karnataka Allows Liquidator's Appeal, Upholds Forfeiture of EMD and PDM for Default by Successful Bidder in Liquidation Sale. Writ Petitioner's Failure to Pay Balance Sale Consideration Within Stipulated Time Justified Forfeiture Under IBC Regulations.

12 Dec 2025

The appellant, Sri Pankaj Srivastava, Liquidator of M/s Samrudhi Realty Ltd., appealed against an order dated 12.12.2024 passed by a learned Single Ju...

High Court

Bombay High Court Quashes Blacklisting Orders Against Two Firms in WCL Tender Dispute — Lack of Opportunity of Hearing Violates Principles of Natural Justice. The court held that blacklisting a contractor without prior notice and hearing is arbitrary and unsustainable under Article 14 of the Constitution.

30 Nov 2023

The petitioners, M/s H.D. Enterprises (HDE) and M/s Gaurav Contracts Company (GCC), had entered into a joint venture/consortium agreement on 23.05.201...

High Court

Bombay High Court Allows Refund of EMD in Tender Dispute - Petitioner Entitled to Full Refund of Earnest Money Deposit as Forfeiture Without Specific Clause is Unjust Enrichment. The Court directed refund of balance 10% EMD of Rs.12 lakhs as retention without contractual basis is impermissible.

22 Jun 2023

The Petitioner, M/s. API Civilcon Private Limited, filed a Writ Petition seeking a writ of mandamus against the Municipal Corporation of Greater Mumba...

High Court

Bombay High Court Allows Petitioner to Retain Allotment Despite Delay in Payment of Lease Premium — Condonation of Delay Granted. Petitioner's failure to pay installments on time due to COVID-19 pandemic condoned, allotment restored on payment of interest and DPC.

19 Apr 2023

The petitioner, Narayani Trexim Pvt. Ltd., participated in a tender floated by CIDCO for lease of a plot in Sector 18, Vashi, Navi Mumbai. It was the ...

High Court

Bombay High Court Dismisses Petition Challenging CIDCO's Forfeiture of EMD in Plot Allotment. Bid Validity Extended by CIDCO, Allotment Letter Issued Within Extended Period, Petitioner Cannot Unilaterally Withdraw.

11 Aug 2022

The petitioners, Infinity Infra and its partner Ajit Achyut Kandpile, filed a writ petition challenging the action of the City and Industrial Developm...

Supreme Court

Supreme Court Allows Bank's Appeal in SARFAESI Act Auction Forfeiture Case — Earnest Money Deposit Forfeiture Upheld as Compensation for Breach of Contract. The Court held that forfeiture of earnest money deposit by a secured creditor under the SARFAESI Act is not subject to proof of actual loss and is governed by the terms of the auction contract, not Sections 73 and 74 of the Indian Contract Act, 1872.

10 Aug 2022

The case involves two appeals by a nationalized bank (appellant) against a common judgment of the Madras High Court, which had allowed the writ petiti...

High Court

Bombay High Court Quashes MIDC Circular Requiring 100% Completion of Work for Payment in Construction Contracts — Circular Held Unreasonable and Arbitrary Under Article 14 of Constitution of India. The court held that a circular requiring 100% completion of work before any payment is made is arbitrary and violative of Article 14, as it does not provide for payment for work done.

23 Oct 2020

The petitioner, M/s Mascot Construction Co., a partnership firm, challenged a Circular dated 27.08.2020 issued by the Maharashtra Industrial Developme...

High Court

Bombay High Court Dismisses Petition Challenging Enforcement Committee Decision in Textile Quota Fraud Case. Petitioner Found to Have Forged Visas and Fabricated Bank Realisation Certificates to Obtain Premium Quota.

4 Oct 2011

The petitioner, M/s. Minar Exports, challenged a decision of the Enforcement Committee constituted under a notification dated 12 November 1999 by the ...

High Court

Bombay High Court Dismisses Petition Challenging Forfeiture of Bank Guarantees in Tender Dispute. Earnest Money Deposit Forfeited as Bidder's Unilateral Discount Offer After Bid Opening Violated Tender Terms.

23 Dec 2010

The petitioner, Knowledge Infrastructure Systems Pvt. Ltd., a company engaged in coal trading, along with its shareholder, filed a writ petition under...

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