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High Court of Bombay at Nagpur Dismisses Petitions Challenging Cancellation of Tender by Western Coalfields Limited. Tender cancellation upheld as employer has discretion to cancel tender before issuance of purchase order, and no concluded contract exists.

The judgment concerns two writ petitions filed by successful bidders challenging the cancellation of a global tender issued by Western Coalfields Limi...

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Bombay High Court Allows Petition Challenging Disqualification in Tender for Pumping Machinery at MIDC Water Treatment Plant. Court holds that disqualification based on alleged non-submission of required documents was arbitrary and contrary to tender conditions.

The petitioner, M/s Yogiraj Powertech Pvt. Ltd., participated in a tender process issued by the Maharashtra Industrial Development Corporation (MIDC) ...

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Bombay High Court Admits Winding Up Petition Against Syrma Technology Pvt. Ltd. for Non-Payment of Admitted Debt Despite Insurance Payment. Court holds that receipt of insurance proceeds does not extinguish the debt or bar winding up proceedings under the Companies Act, 1956.

The petitioner, Jiangsu Skyrun Wuxi Co. Ltd., filed a company petition under Section 433(e) of the Companies Act, 1956 seeking winding up of Syrma Tec...