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6 Jun 2011, 2:13 am by Badrinath Srinivasan
It is, therefore, necessary that the parties to the tendering process strictly abide by the terms of the tender and this can be ensured only by enforcing the provision made in the tender document for forfeiture of EMD/bid security/performance security, as the case may be.ā€¯Indraprastha Power Generation Co. vs M/S Harvinder Singh & Co. [read post]