JAIN ELECTRICALS Vs. RIICO

JUDGEMENT

(1.) HEARD learned counsel for the parties.

(2.) THIS writ petition has been filed by the petitioner, being aggrieved by the order dated 23. 8. 2005 (Annex. 10) of respondent Rajasthan State Industrial Development and Investment Corporation Ltd. , (A Rajasthan Government Undertaking) (``riico'' for short), whereby the respondent RIICO forfeited the earnest money/security deposit of Rs. 1,28,000/- given by the petitioner in relation to a contract for laying down of 11 KV LT power line at Special Economic Zone, Boranada, Jodhpur. By the same communication, the respondent RIICO black-listed the petitioner and restrained him from making any further bids for any contract to be awarded by the respondent RIICO.

(3.) I have heard learned counsel for the parties and perused the record of the case.