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Bombay High Court Allows Writ Petition Challenging Tender Rejection for Non-Submission of 'Form B' Not Required by Tender Conditions. Court holds that rejection of bid was arbitrary and violative of Article 14, directing reconsideration of petitioner's bid.

The petitioner, M/s. Aditya Construction Company (J.V.), a joint venture partnership firm, challenged the rejection of its bid by the Vidarbha Irrigat...

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Supreme Court Allows Appeal in IBC Section 7 Case — NCLT Cannot Dismiss Petition Without Applying Mind to Merits. Adjudicating Authority Must Determine Default and Admit or Reject Petition Under Section 7, Not Direct Settlement Without Considering Individual Claims.

The present appeal under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) arises from a judgment of the National Company Law Appellate Tri...