Judgment

Sanjeev Kumar, J.-The petitioner-company is a security agency registered under the Jammu and Kashmir Private Security Agencies Regulation Act, 2005 (PSARA) and is engaged in the business of providing private security to various organizations throughout India, including the Union Territory of Jammu and Kashmir for the last several years. The petitioner claims to be a professional security agency providing security guards to as many as 46 organizations all over the country which include institutions like HPCL, HPGCL, IIM, SCERT, Ambedkar Nagar Hospital, Delhi University, National Law University, PUNSUP, PUNGRANE, Canara Bank, Punjab & Sind Bank, Allahabad Bank etc. etc.

2. It so happened that the Central Security Department of the Jammu and Kashmir Bank Limited, respondent No.1, invited bids from eligible parties for empanelment of reputed security agencies to provide security guards for J&K Bank Branches, ATMs, Offices, residential complexes and other Bank’s property in the UT of J&K, UT of Ladakh and other places in the country for a period of three years vide Reference No. JKB/CHQ/CS/F-76/2020-034 dated 28.02.2020. Responding to the aforesaid notification, the petitioner-