B.K. Sharma, J.

1. Shortly stated the facts leading to the filing of the instant writ petition are as follows.

2. The respondent Corporation issued a notice inviting tenders for lifting of Bamboo dust from their Mill premises at 'Kagajnagar'. The tender was for lifting bamboo dust generated in the chipper house from the Mill premises of the Corporation "as is where is" basis with the specific condition that the quantity indicated in the NIT was only tentative. Further, the condition attached to the NIT was that the available quantity should be lifted within one month of the order and balance within one year "as and when generated."

3. In response to the said NIT the petitioner Company which was earlier known as New Millennium Industries submitted its tender. The tenders were opened on 28.2.2000 and the bid of the petitioner Company was found to be the highest. On 9.3.2000, the petitioner Company was invited for price negotiation and such price negotiation took place on 14.3.2000. Pursuant thereto, the petitioner Company agreed to increase the price offered on condition that the Company was allotted a longer duration and accordingly the disposal order dated 31.3.2000 for dispos