Search Results for Tag : Bidder

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SC: If Number of Technically Qualified Bidders is Less Than 3, State can Annul Tender Notification(22.11.2023)

Supreme Court while referring to Rule 9(10) of the Mineral (Auction) Rules held that where the minimum number of qualified bidders is not available (i.....

Tags : Supreme Court, Tender Notification, Bidder, Annulment

Kerala HC: Lowest Bidder Doesn't Enjoy Indefeasible Right to be Awarded Contract(18.11.2022)

Kerala High Court while observing that law does not recognize any indefeasible right in lowest bidder to be awarded a contract, has held that even if .....

Tags : Kerala High Court, Tender, Lowest Bidder

NCLAT: Successful Bidder Cannot be Permitted to Wriggle Out of Bid Claiming Conditional Offer(17.01.2022)

National Company Law Appellate Tribunal has held that a Successful Bidder cannot wriggle out of the contractual obligations and withdraw the bid after.....

Tags : National Company Law Appellate Tribunal, Successful Bidder

Orissa HC: No Right Accrues in Favour of Bidders of Tender Offer Unless Same is Approved(09.03.2021)

Orissa High Court has held that when the tender is yet to be approved by higher authorities, no right accrues in favor of the participants, and they c.....

Tags : Orissa High Court, Right of Bidders of Tender

Delhi HC: If Bidder Not Technically Qualified, Tender Process Not to Look into Financial Bid(19.05.2020)

Delhi High Court has held that the tender process cannot be recalled just because the highest bidder was not given the tender. The Court has noted tha.....

Tags : Delhi High Court, Bidder Not Technically Qualified

Supreme Court: Bidders to Exercise Greater than Ordinary Degree of Care(17.07.2024)

SC while imposing cost of Rs. 3 Crore cost on a bidder for negligence, has observed that bidders being experienced corporate entities are expected to .....

Tags : Supreme Court, Bidder, Corporate Entities

Supreme Court: Bidders to Exercise Greater than Ordinary Degree of Care(17.07.2024)

SC while imposing cost of Rs. 3 Crore cost on a bidder for negligence, has observed that bidders being experienced corporate entities are expected to .....

Tags : Supreme Court, Bidder, Corporate Entities

Supreme Court: Bidders to Exercise Greater than Ordinary Degree of Care(17.07.2024)

SC while imposing cost of Rs. 3 Crore on a bidder for negligence, has observed that bidders being experienced corporate entities are expected to exerc.....

Tags : Supreme Court, Bidder, Corporate Entities

NCLT: Successful Bidder of Corporate Debtor Not Exempt from Statutory Compliances(03.09.2025)

NCLT has ruled that a successful bidder of a corporate debtor cannot seek exemptions from statutory compliances merely on the ground of having won the.....

Tags : NCLT, Corporate Debtor, Bidder