Issuance of LOI Creates No binding legal relationship between the party issuing and the party to whom such LOI is issued: SC

The Supreme Court on Tuesday stated that no binding legal relationship between the party issuing and the party to whom such LOI is issued. The bench of Justices Bela M. Trivedi and Pankaj Mithal was dealing with the appeal challenging the order passed by the Himachal Pradesh High Court. In this case, the tender issued

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