...31.12.2011, which date was subsequently extended to the end of the fiscal year i.e 31.3.2012 It was thus a case of respondent No. 2 making a standing offer binding itself to supply 367.93 lakh dose of...BCG vaccines requiring requisition by the offeree but within the date for which the standing offer would bind the second respondent as per its offer.5. The petitioner never questioned...at that stage as to why was the standing offer of respondent No. 2 accepted and not the offer made by it.6. Proceeding with the story, on 29.7.2011, the first respondent placed the first...

...which clause is as under:“24. Revocation/Cancellation of Rate ContractSince the Rate Contract is a standing offer and is merely a document embodying various terms of the...standing offer made by the Contractor for acceptance by the Purchaser, either party namely, the R/C holder/the Purchaser can legally revoke/cancel the Rate Contract at any time during the currency of...

...having regard to condition No. 2 in Ex. 2 and clause 2 in the Agreement (Ex. 5), a binding contract came into existence or it was merely a standing offer.10. Para 230 of the Halsbury's...-called “acceptance” of the tender is very different. The ‘tender’ has made what is called a standing offer. Until revocation he stands ready and willing to deliver coal upto 1,000 tons at the agreed...maximum limit. In this latter case, the standing offer may be revoked at any time provided that it has not been accepted in the legal sense and acceptance in the legal sense is complete as soon as a...

...nothing more than a standing offer, though it, may be that, during the life time of the promisor, the distinction between a binding offer and a complete agreement is not of much importance as between the...herself to sell to plaintiffs on certain, terms, if they chose to avail themselves of the binding offer and her agreement is, in truth, merely an offer which cannot be withdrawn and certainly does not...was only an offer, although it is in the first part of it, independently of the postscript, worded as an agreement. I apprehend that, until acceptance, so that both parties are bound, even though an...

...Advocate for the appellant contends that the agreement in question was not a completed contract, but only a standing offer on the part of the vendee. The decision in Papa Naidu v. Munisamy...and upon his paying a sum of Rs. 10,000. It is thus clear that the vendor had the option of repurchasing the property or not. Their Lordships have held that it was not a case of a mere standing offer by...in the sale-deed, Ex. A, was not a completed contract but only an offer by the vendee to resell the property to the vendor, which could become a completed contract only on acceptance of the offer by...

...appellant that the standing offer is accepted, and a contract comes into existence. In case the subsidiaries of Coal India do not place indents on the appellant, the appellant is not obligated to make any...a sale or an agreement to sell; (vi) The Running Contract is merely an intimation from Coal India agreeing to the terms of the standing offer of the appellant...Contract is merely an agreement to enter into an agreement on a future date. In other words, the Running Contract is merely a standing offer by the appellant and not a sale or any agreement to sell. It is...

...and when demanded, the effect of the so-called ‘acceptance' of the tender is very different. The trader has made what is called a standing offer. Until revocation he stands ready and willing to...stated that it may require supplies up to a maximum limit.In this latter case the standing offer may be revoked at any time provided that it has not been accepted in...) Cancel any outstandings on the contract and:(c) Forfeit the security deposit.”6. The respondent made an offer to supply the...

...alleged on behalf of the appellants and held by the learned Subordinate Judge, there was no completed contract, but only a standing offer by Venkatapathi, the benefit of which could not be assigned to a...stranger such as the plaintiff, until the offer had been accepted' by the tender of the amount in June 1920 and the offer had ripened into a contract to bay and sell. Their Lordships are of opinion, that...

...only a standing offer, the benefit of which could not be assigned to a stranger. I am unable to agree with the learned Subordinate Judge upon this point. In my view Ex. B (1) was a contract containing...decision of which my learned brother was a party, has been cited before us, as it was held that what was agreed upon in that case constituted not a complete agreement but a mere standing offer. The purchaser...Subordinate Judge found on issue 2 (b) that the effect of Ex. B-1 was that there was a standing offer to Venkatasubrahmanya Aiyar which ceased to have operation after his death and dismissed the suit...

....20.1 Since the rate contract is a standing offer and is merely a document embodying various terms of the standing offer made by the Contractor, the purchaser i.e DGS&D can legally...

...standing offer, where the contract comes into existence as and when the State indents with the defendants for the supply of any particular item undertaken by him and that as such the defendant would be....Mr. Thyagaraja Iyer appearing for the defendant contends that from the terms and conditions of the Tender notice and the other correspondence, we spell out only a case of a standing offer on the...consider in that case came within category No. 1. The second item referred to by him will be a case of a standing offer, and the instant case before us will be the case referred to by him as the third kind...

...standing offer to supply goods as and when ordered during the specified period and at the specified rates. As to when a contract to sell the goods would be effective can be determined with reference to...standing offer.17. In the instant case, we have already noted above, the terms of the letter of acceptance of the tender contemplate that the assessee would keep the paints of the variety...standing offer but not “sale” or an “agreement to sell”.18. We shall now refer to the earliest case on this aspect decided by the Supreme Court.19. In...

...reconvey. Because no time limit is fixed it is in the stage of a standing offer and it becomes an enforceable concluded contract the moment the option is exercised by the other side. But the option .may...

...such date and reflects only a standing offer. The defendant contends that even if the plaintiff had accepted such offer there would be no binding contract. The defendant submits that despite the last...agreement at all.The second limb of the defendant's argument is that a standing offer as the one recorded in the defendant's letter of January 10, 2008 would not amount to a contract...; there could be many individual contracts under a solitary standing offer but the continuing offer itself would not be specifically enforceable. In support of such contention, the defendant relies on a...

...current period. In the latter case the stipulation amounts to a standing offer by the insurers to renew the policy, and the assured may accept it at anytime before he was received notice of its...in time because of the standing offer to renew implied in various clauses of the policy and expressly stipulated under Clause 11 of the prospectus, which standing offer can be accepted by timely...policy renewed by accepting the standing offer to get it renewed contained in Clause 11 of the prospectus. If the offer to get the policy renewed by timely payment of insurance can be sent by a reminder...

...nothing more than a a standing offer, though it may be that, during the lifetime of the promisor the distinction between a binding offer and a complete agreement is not of much importance as between the...plaintiffs on certain terms, if they choose to avail themselves of the binding offer, and her agreement is, in truth, merely an offer which cannot be withdrawn and certainly does not connote an agreement to...am clearly of opinion that it was only an offer, although it is in the first part of it, independently of the postscript, worded as an agreement. I apprehend that, until acceptance, so that both...

...policy is due for renewal. By this, there is a standing offer by the respondent company. The moment the insurer remits the premium, there is an automatic acceptance disclosed. In the circumstances...24 of its judgment, the Gujarat High Court held that when there is a standing offer from the Insurance Company, the moment the renewal fee is paid, there is an automatic acceptance from the insurer to...justified in the circumstances of the case.7. At the outset, it may be noted that even as per Clause 5.9 of the Mediclaim Insurance Policy, the respondent has retained the standmg offer for...

...on both sides, with, an option to one of the parties to do as he likes, there is nothing more than a standing offer, though it may be that, during the life time of the promisor, the distinction between...was that she bound herself to sell to plaintiffs on certain terms, if they chose to avail themselves of the binding offer and her agreement is, in truth, merely an offer which cannot be withdrawn and...; and Mellish, L.J., said. I am clearly of opinion that it was only an offer, although it is in the first part of it, independently of the postscript, worded as an...

...being accepted, there was no concluded contract, but merely a standing offer, which could mature into a contract as and when orders were placed, and that the said offer had been withdrawn before any such...exceeding 1000 tons altogether, deliveries to be made if and when demanded, the effect of the so called acceptance of the tender is very different. The trader has made what is called a standing offer. Until...indeed any quantity of coal. It has merely stated that it may require supplies upto a maximum limit. In this latter case the standing offer may be revoked at any time provided that it has not been...

...5.12.89, thus, constituted a definite offer and unambiguous and unconditional acceptance. This was case of standing offer during the period and up to 15.2.90. In the case of Great Northern Rly...standing offer to be converted into series of contract and the company was entitled to succeed in the case in an action for breach of contract. The orders up to 15.2.90 pro tanto fell beyond the...are:- A. There was no concluded contract between the parties and the offer made to the company was never accepted by it. Thus, there was no question of fulfillling the obligations in...