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Delhi High Court: “State Must Act Fairly and Transparently” — NHAI’s Cancellation of Letter of Acceptance and Retendering Declared Arbitrary and Non-Est; Court Holds LoA to Be a Concluded Contract, Directs NHAI to Proceed After Accepting Indian Bank Guarantee
Court’s Decision The Delhi High Court, in a significant judgment delivered by Chief Justice Devender Kumar Upadhyay and Justice Tushar Rao Gedela, held that the National Highways Authority of India…