Case of AKG Construction and Developers Pvt Ltd vs State of Jharkhand, SC Judgement Dated 2nd April 2026. The apex court upheld the termination of contract but set aside the blacklisting order, holding that blacklisting is not an automatic consequence of termination and requires independent application of mind and due process. It held that termination and blacklisting operate in different domains, i.e., termination affects existing contracts, while blacklisting impacts future business rights. Blacklisting carries serious civil consequences, including reputational damage and exclusion from govt contracts, and therefore, it requires stricter adherence to principles of natural justice.