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Bombay High Court Dismisses Petition Challenging Forfeiture of Bank Guarantees in Tender Dispute. Earnest Money Deposit Forfeited as Bidder's Unilateral Discount Offer After Bid Opening Violated Tender Terms.

The petitioner, Knowledge Infrastructure Systems Pvt. Ltd., a company engaged in coal trading, along with its shareholder, filed a writ petition under...

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Bombay High Court Dismisses Petition Challenging Tender Cancellation by MHADA in Redevelopment Project. Court Holds That Cancellation Before Opening of Price Bids Is Not Arbitrary When Done in Public Interest and for Valid Reasons.

The petitioners, Shapoorji Pallonji & Company Private Limited and its director, challenged the cancellation of an e-tender issued by the Maharashtra H...

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Bombay High Court Dismisses Petition Challenging Arbitral Award on Service Tax Reimbursement. Contractor not entitled to reimbursement of service tax imposed after bid submission but before contract award where contract provided for reimbursement only if tax was payable on date of bid.

The petitioner, Punj Lloyd Ltd., filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award dated ...

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Bombay High Court Dismisses Writ Petition Challenging Charity Commissioner's Orders in Public Trust Property Lease Dispute. Court upholds Joint Charity Commissioner's refusal to sanction lease of trust agricultural land for non-agricultural purpose under Section 36 of Maharashtra Public Trusts Act, 1950.

The petitioners, who claimed to be agriculturists and interested in taking agricultural land on lease from the respondent trust, filed a writ petition...

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Bombay High Court Dismisses Petition by Domestic Bidder Challenging Contract Award to Foreign Company. Price Preference Claim Rejected for Non-Compliance with Bid Conditions.

The Petitioner, Punj Lloyd Ltd., a domestic company, filed a writ petition under Article 226 of the Constitution challenging the award of a contract b...

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Bombay High Court Upholds CLB Order for Sealed Bids in Shareholding Dispute Under Section 10F of Companies Act, 1956. Court Dismisses Appeal Against CLB's Direction for Sealed Bids to Resolve Oppression and Mismanagement Allegations in Vidarbha Bottlers Private Limited.

The case involves a company appeal under Section 10F of the Companies Act, 1956, against an order of the Company Law Board (CLB) dated 7 August 2012. ...

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Bombay High Court Directs Deposit of Balance Bid Amount in Auction Sale of Company in Liquidation. Official Liquidator's Report for Confirmation of Sale of Properties of M/s. Akola Oil Industries Ltd. - Bidders Required to Deposit Balance Amount Within 15 Days.

The Official Liquidator appointed over M/s. Akola Oil Industries Ltd. (in liquidation) filed reports seeking confirmation of auction sales held on 9-1...

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Supreme Court Allows Municipal Council's Appeal in Land Allotment Dispute — Sanction of State Government Required Under Section 109 of Madhya Pradesh Municipality Act, 1961. High Court Erred in Quashing Collector's Order Without Considering Mandatory Previous Sanction.

The Supreme Court allowed the appeals filed by the Municipal Council, Neemuch, against the judgment of the Madhya Pradesh High Court which had quashed...