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What the report says
A listing on The Kashmir Glory, dated October 3, 2026 and attributed to KG News Desk, carries the headline “PMGSY Terminates B&L Project Construction–B.S. Builders JV Contract, Orders ₹4.32-Crore Recovery.” The headline identifies the contractor and states a recovery amount of ₹4.32 crore.
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The listing summary says the contractor was debarred for one year over alleged non-performance and that performance securities were ordered forfeited. It does not explain the scope of the debarment, the process leading to the reported measures, or whether an appeal or stay is in effect.
What is not confirmed
The accessible listing does not identify the project package or location, contract value, chronology of the alleged non-performance, or the issuing officer’s full authority. It also does not provide the calculation or legal basis for the recovery, clarify whether recovery is separate from forfeiture of performance securities, or include the contractor’s response. Whether a hearing took place and whether any appeal or stay is pending are not established.
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Because the underlying article could not be accessed and no official order or independent corroboration was available, the reported amount, grounds, procedure and current legal status should not be treated as verified findings.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What an official order would clarify
To establish the position, the relevant primary document would be the termination and recovery order. It should be checked for:
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- the project or package, location and contract parties;
- the stated grounds and chronology supporting termination;
- the calculation and legal basis for the ₹4.32-crore recovery;
- whether recovery and performance-security forfeiture are distinct measures;
- the decision-maker’s authority and any recorded hearing or response; and
- any appeal, stay or subsequent order affecting enforcement.
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