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17...... As it is only the successful bidder who would be running the eating house with facility of bar, TASMAC has https://www.mhc.tn.gov.in/judis rightly imposed the condition that though the Tender Applicant need not enclose ‘No Objection Certificate’ from the owner of the bar premises at the time of submitting his tender, the highest bidder would have to furnish the Rental Agreement entered with the Bar premises Owner within seven days from the time of intimation of his selection after evaluation of the bid. In the event of his failure to produce that essential document, the second highest bidder would be called upon to produce such rental agreement with the owner of the bar premises at the offered / bid price of the highest bidder. If the bidders did not produce such rental agreement from the owner of the bar premises, they would obviously forfeit their Earnest Money Deposit, which is adequate to recompense TASMAC for the expenditure incurred in conducting the tender and to take up re-tender process. The said procedure is certainly in public interest to safeguard the financial interests of TASMAC and in consonance with the mandate of Article 14 of the Constitution viz-a-viz the rights of the participants in the tender in the light of the principles laid down in the binding judicial pronouncements governing the controversy involved.”