Search Results for "consortium bid"

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Search Results for "consortium bid"

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High Court

Bombay High Court Decrees Suit in Favour of Financial Advisor in Commercial Summary Suit for Professional Fees — Interpretation of Mandate Letter Options for Success Fee on Cash Sales of NPAs. Court holds that where the Bank exercised option of 100% cash sales, the Financial Advisor is entitled to success fee at the higher rate of 0.50% on cash received, as per option (a) of the Mandate Letter dated 1 July 2017.

25 Feb 2025

The Plaintiff, Special Situation Advisors (India) Pvt. Ltd., a company registered under the Companies Act, 1956, engaged in providing financial adviso...

High Court

Bombay High Court Quashes DRT/DRAT Orders Allowing Sale of Mortgaged Property Below Reserve Price — Unsecured Creditor Cannot Be Treated as Secured Creditor with Priority Over Mortgagee. The court held that treating an unsecured creditor as a secured creditor with priority over the mortgagee is a fundamental fallacy, and directed a fresh auction in accordance with law.

18 Mar 2024

The writ petition was filed by Assets Reconstruction Company (India) Ltd. (ARCIL), the beneficiary of a mortgage over Flat No. 61, Basant Apartment, M...

Supreme Court

Supreme Court Allows Appellant in Tender Dispute, Quashing High Court's Order and Permitting Project Completion. The Court held that judicial review in tender matters is limited to examining legality under Article 14 of the Constitution, and interference is unwarranted unless the decision is manifestly arbitrary, unjust, or mala fide, as per Tata Cellular v. Union of India.

21 Mar 2022

The dispute arose from a tender process initiated by the Road Construction Department of Jharkhand for the reconstruction of Nagaruntari–Dhurki–Am...

High Court

High Court of Karnataka Allows Writ Petition Challenging Cancellation of Tender for Smart Classrooms — Violation of Natural Justice and Legitimate Expectation. Government Order dated 5.7.2016 quashed as it was passed without hearing the successful bidder and without valid reasons.

11 Sep 2019

The petitioner, M/s Siddharth Infotech Pvt Ltd, filed a writ petition under Articles 226 and 227 of the Constitution of India challenging the Governme...

Supreme Court

Supreme Court Allows Appeal in Tender Dispute Over Distance Requirement for Hot Mix Plant. Court Holds That Re-Verification by Independent Authority Is Permissible When Objections Are Raised, and That the Division Bench Erred in Interfering with the Tender Process.

28 Aug 2019

The case involves a tender dispute over the construction of a BT road in Telangana. The appellant, M/S N Ramachandra Reddy, and the fourth respondent ...

High Court

Bombay High Court Dismisses Writ Petition Challenging Tender Rejection in Geotechnical Subcontractor Appointment. Court upholds Shipping Corporation of India's decision to reject bid for non-compliance with eligibility criteria requiring independent experience in offshore geotechnical investigations.

16 Nov 2017

The petitioners, Coastal Marine Construction & Engineering Limited and its director Manoj Sharma, filed a writ petition challenging the decision of th...

High Court

Bombay High Court Dismisses Writ Petition Challenging Tender Cancellation in DMICDC Project — Upholds Right of Tenderer to Withdraw Before Acceptance Under Section 5 of Indian Contract Act, 1872.

24 Aug 2017

The Government of India envisaged the development of the Delhi-Mumbai Industrial Corridor (DMICDC), a large infrastructure project covering approximat...

High Court

High Court of Bombay at Nagpur Allows Writ Petition Challenging Rejection of Technical Bid in Railway Tender — Petitioner's Bid Wrongly Rejected for Non-Submission of Documents Despite Compliance with Joint Venture Conditions. The court held that the rejection was arbitrary as the petitioner, a joint venture, had complied with the tender conditions applicable to joint ventures, and the respondents had erroneously applied conditions for individual bidders.

24 Aug 2016

The petitioner, M/s K.K. Vidyut, a joint venture, challenged the rejection of its technical bid by the respondent Railways in a tender for supplying m...

High Court

Bombay High Court Allows Petition in Tender Dispute for Non-Compliance with Mandatory Condition — Commercial Test Report Required Under Clause 7 of Technical Bid. Acceptance of Non-Compliant Bid Set Aside as Arbitrary.

9 Apr 2015

The petitioner, Padgilwar Agro Industries, a registered partnership firm, filed a writ petition under Article 226 of the Constitution of India challen...

High Court

Bombay High Court Dismisses Petitioner's Challenge to Tender Award in Octroi Computerization Contract. Court upholds tender committee's evaluation of bidder's experience under Clause 18.5 of tender document, finding no arbitrariness.

3 Jan 2013

The petitioner, Vidarbh Infotech Private Limited, filed a writ petition under Article 226 of the Constitution of India challenging the decision of Pun...

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