Case Law Analysis
|Madhya Pradesh High Court
Tender Law | Forfeiture of Earnest Money Deposit Valid Without Proof of Error Prior to Bid Opening : MP HC
Madhya Pradesh High Court upholds forfeiture of earnest money deposit when the lowest bidder refuses to sign the contract, unless an error in the bid is proven before bid opening. The ruling reinforces strict compliance with tender conditions, impacting contractors in public procurement disputes.