Supreme Court Upholds Disqualification of Consortium in Tender Process Due to Non-Compliance with Financial Criteria. The consortium failed to meet the net cash profit requirement as stipulated in the tender documents, leading to their exclusion from the bidding process....
The dispute arose from the exclusion of a consortium formed by Reliance Energy Limited and Hyundai Engineering and Construction Company Ltd. from the second stage of the bidding process for the Mumbai...




