B. SUDERSHAN REDDY, J.

( 1 ) THE core question that falls for our consideration is as to whether a writ petition under Article 226 of the Constitution of India is maintainable to resolve the disputes arising out of concluded commercial contractual obligations between a citizen and the State or its instrumentalities even in cases where the contract itself provides for the Forum to resolve the disputes.

( 2 ) SHORN of all the details, the appellant- li. P. State Road Transport Corporation invited tenders in September, 1997 for printing and supply of 72,00,000 blank ticket books and 1,05,300 way bills pads for its use. That in response to the invitation, the respondent/writ petitioner vide dated 20-9-1997 offered to supply the said quantity of blank ticket books and way bills and furnished two demand drafts issued by the canara Bank, Abids Branch, Hyderabad for a sum of Rs. 98. 000/- and Rs. 28,0807- towards the EMD for blank ticket books and way bills respectively. On 29-9-1997 the respondent/wrii petitioner was called for negotiations during which he had agreed to reduce the quoted rate. The appellant- corporation accepted the revised tenders of the respondent/writ petitioner. On 5-

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