Tender - Indian Laws - General

Tender A tender is defined in Black s Law Dictionary ( p. 1606 ) as follows: A valid and sufficient offer of performance; specif., an unconditional offer of money or performance to satisfy a debt or obligation. INDORE DEVELOPMENT AUTHORITY VERSUS SHAILENDRA (DEAD) THROUGH LRS. - 2018 (2) TMI 651 - SUPREME COURT The definition of tender has been outlined by this Court in Tata Cellular v. Union of India, 1994 (7) TMI 307 - SUPREME COURT as follows, 69. A tender is an offer. It is something which invites and is communicated to notify acceptance. Broadly stated, the following are the requisites of a valid tender: 1. It must be unconditional. 2. Must be made at the proper place. 3. Must conform to the terms of obligation. 4. Must be made at the proper time. 5. Must be made in the proper form. 6. The person by whom the tender is made must be able and willing to perform his obligations. 7. There must be reasonable opportunity for inspection. 8. Tender must be made to the proper person. 9. It must be of full amount.