#letter of intent

The Calcutta High Court set aside HPCL’s withdrawal of LOI and forfeiture of ₹20,000 deposit, holding it violated RPWD Act 2016’s reasonable accommodation and directing reconsideration of petitioner request to substitute a disabled applicant in 8 weeks.

The Supreme Court has ruled that a Letter of Intent merely referencing tender documents cannot be construed as incorporating their arbitration clause unless explicitly stated. This clarifies the threshold for prima facie existence of an arbitration agreement under Section 11, impacting contractors, public utilities, and tender processes nationwide where LOIs are routinely issued before formal contracts.