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2002 (7) TMI 754 - SUPREME COURTWhether the tender offered by the appellant with the rebate could have been accepted? Whether such acceptance would affect the interests of any other party? Held that:- Appeal allowed. Now the appellant made his offer of concessional rates along with the tender while Respondent No.5 made such offer after opening of the tenders. It is difficult to conceive that the Respondent No.5 who is a prudent businessman would not be aware of commercial practice of giving rebate or concession in the event of quick finalization of a transaction. What the appellant offered was part of the tender itself while the Respondent No.5 made such offer separately and much later. There was nothing illegal or arbitrary on the part of Railway Administration in accepting the offer of the appellant, which was made at the time of submitting the tender itself.
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