Supreme Court of India
Reliance Energy Limited & Anr. v. Maharashtra State Road Development Corporation Ltd. & Ors.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
4 Supreme Court benches have cited this judgment.
What the Court ordered
We hold that REL/HDEC (Consortium) was erroneously excluded from the second stage of bidding process.
Judgment, page 37
From the headnote
Tender-Global tender-Consortium of two companies applied for the tender-Excluded from second stage of bidding-On the ground that one of the companies did not have net cash profit of Rs. 200 crores, as per Pre Qualification terms, which would have negative impact on future cash flows on account of provisioning for doubtful debts of Financial Year 2001- Propriety of the exclusion-Held: The exclusion of the consortium was arbitrary whimsical and unreasonable-An important method of 'Cash flow reporting' i.e. 'reconciliation method' was kept out of consideration-The decision-making process stood
Where later benches applied it
- 2022 Union of India & Others v. Bharat Forge Ltd. & Another
- 2017 Reliance Telecom Ltd. & Anr. v. Union of India & Anr.
- 2014 State of Kerala & Ors. v. B. Surendra Das Etc
- 2011 K.T. Plantation Pvt. Ltd. & Anr v. State of Karnataka
Of those, 3 referred to · 1 mentioned
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