IN THE HIGH COURT OF GUJARAT AT AHMEDABAD R/SPECIAL CIVIL APPLICATION NO. 14048 of 2025 =========================================================

M/S AVENIR TECH VENTURES PRIVATE LIMITED- GURGAON Versus WESTERN RAILWAYS, RAJKOT DIVISION =========================================================

Appearance:

MR NR KODEKAR(5020) for the Petitioner(s) No. 1 MRS KRISHNA G RAWAL(1315) for the Respondent(s) No. 1 =========================================================

CORAM:HONOURABLE MR.JUSTICE N.S.SANJAY GOWDA and HONOURABLE MR.JUSTICE J. L. ODEDRA Date : 23/04/2026

JUDGMENT

(PER : HONOURABLE MR.JUSTICE N.S.SANJAY GOWDA)

1) On 20.06.2025, the Railways gave a Letter of Acceptance was given to the petitioner in respect of a tender which had been floated for its Rajkot Division IOT Based Intelligent Field Devices for Street Light, Lift, Escalator, substation, Platform lighting and Pump Automation.

2) One of the requirements of this Letter of Acceptance was that the petitioner was required to submit the Performance Guarantee equivalent to 5% of the contract amount, i.e., for a sum of Rs. 26,08,417.45 ps., within 21 days from the date of issuance of Letter of Acceptance and which was required to