24th February, 2021

Conditional Acceptance of an offer- whether conclusion of contract - Padia Timber Company case

Pursuant to the invitation of bids by the respondent/Port Trust, for the supply of wooden sleepers, the appellant submitted a bid, but without accepting all the terms of the respondent, and subject to conditions. Along with the bid the appellant had also deposited the Earnest Money Deposit (EMD).

  • Dispute Resolution
  • Arbitration
  • Corporate & Commercial
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