JABALPUR, India, March 8 -- Madhya Pradesh High Court issued the following judgment/order on Feb. 5:
1. Petitioner impugns two orders, both dated 30.01.2026(Annexure P/7 & P/8), whereby the bank guarantee submitted by the petitioner towards additional performance security has been declared to be null and void and further the tender awarded to the petitioner has been cancelled and the Earnest Money Deposit (EMD) has been directed to be forfeited and proceedings sought to be initiated against the petitioner for blacklisting the petitioner.
2. Learned senior counsel appearing on behalf of petitioner submits that apart from the Earnest Money Deposit and Performance Security, petitioner was required to furnish additional performance security....