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Showing contexts for: joint ventures in Central Coalfieds Limited vs Sll-Sml (Joint Venture Consortium) . on 17 August, 2016Matching Fragments
Madan B. Lokur, J.
1. The first appeal is that of the Central Coalfields Limited. The first respondent in the appeal is SLL–SML a Joint Venture Consortium whose bid in response to a Notice Inviting Tender issued by the Central Coalfields Limited was rejected.
2. The second appeal is by PLR-RPL-SMASL a Joint Venture whose bid was the lowest in response to the same Notice Inviting Tender issued by the Central Coalfields Limited and that bid was accepted.
12. In paragraph 11 of the GTC it was specifically mentioned that the bid security of earnest money was required to be deposited in the appropriate form and in paragraph 15.2 thereof it was specifically stated that any bid not accompanied by an acceptable bid security/earnest money deposit shall be rejected as non-responsive.
13. According to CCL it received 11 bids in response to the e-tender including that of SLL–SML a Joint Venture Consortium (for short JVC). One of the bids was apparently rejected. Nine of the bidders submitted a bank guarantee strictly in accordance with the pro forma provided in the GTC. A bank guarantee was provided by JVC - not in the prescribed pro forma but in another format in respect of some other contract provided in the GTC of which bore the heading “Governing Contractual Transportation & Loading in Areas of Central Coalfields Limited”.
57. The impugned judgment and order passed by the Division Bench of the Jharkhand High Court is accordingly set aside and these appeals are allowed.
……....………………….J
(Madan B. Lokur)
…..……….…………….J
New Delhi; (R.K. Agrawal)
August 17, 2016
ITEM NO.1A COURT NO.7 SECTION XVII
(For Judgment)
S U P R E M E C O U R T O F I N D I A
RECORD OF PROCEEDINGS
Civil Appeal No(s). 8004/2016
CENTRAL COALFIEDS LIMITED & ANR. Appellant(s)
VERSUS
SLL-SML (JOINT VENTURE CONSORTIUM) & ORS. Respondent(s)
WITH
Date : 17/08/2016 These appeals were called on for
pronouncement of judgment today.
For Appellant(s) Mr. Mukul Rohatgi, Attorney General
Mr. Jagdeep Dhankhar, Sr. Adv.
Mr. Rajiv S. Roy, Adv.
Mr. Avrojyoti Chatterjee, Adv.
Mr. Abhijit Roy, Adv.
Mr. Aditya Mehrotra, Adv.
Mr. Sebat Kr. Deuria, Adv.
Mr. Pranab Kumar Mullick,Adv.
Mr. Dhruv Mehta, Sr.Adv.
Mr. Rajesh Kumar,Adv.
For Respondent(s) Mr. M. C. Dhingra,Adv.
Mr. Divyam Agarwal,Adv.
Mr. Kaushik Poddar,Adv.
Mr. Chandra Shekhar Biswas, Adv.
Mr. Deepak Sabharwal, Adv.
Hon'ble Mr. Justice Madan B. Lokur pronounced the