Bombay High Court Quashes Disqualification of Joint Venture in Tender for Irrigation Canal Work; Holds Experience Must Be Cumulatively Assessed Without Reduction by Investment Ratio. The court declares that VIDC's assessment of a joint venture's experience by proportionately reducing each partner's experience to their investment share is arbitrary and inconsistent with tender conditions and commercial sense.
11 Oct 2010The matter arose from a writ petition under Article 226 of the Constitution of India filed before the Bombay High Court, Nagpur Bench, challenging the...
