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NEUTRAL CITATION C/SCA/17400/2025 JUDGMENT DATED: 05/02/2026 undefined "29: One Bid per Bidder A Bidder shall submit only one bid in a particular bidding process (unless otherwise allowed in the bid STC / ATC conditions). In case of a holding company having more than one independent manufacturing units or more than one unit having common business ownership / management, only one unit should quote. Similar restrictions shall apply to closely related sister companies. Bidder's sister/ Associated/ Allied concern(s) participating or applying against the same tender, shall lead to disqualification of Bidders. Sister / Associated / Allied concern means a company, society, partnership firm or proprietorship firm having one or more common persons as Director / Partner/ Member/ Owner. A Bidder who submits more than one bid will cause all the proposals submitted in the particular bid to be disqualified. In relation to the above, a person will include firm(s) of Proprietorship / Partnership Firm / Limited Liability NEUTRAL CITATION C/SCA/17400/2025 JUDGMENT DATED: 05/02/2026 undefined Partnership / Private Limited / Limited company / Society registered under Society's Act / Statutory Bodies / any other legal entity, as the case may be, & will be deemed to have submitted multiple bids in a particular bid if a person bids in any of the two formats given below:

NEUTRAL CITATION C/SCA/17400/2025 JUDGMENT DATED: 05/02/2026 undefined i. More than 10% (ten percent) of the voting share capital of the company which has submitted a bid, or ii. Is a director and / or Key Managerial Personnel of the company which has submitted a bid, or iii. Holds more than 10% (ten percent) of voting share capital in and/or is a director and / or Key Managerial Personnel of a holding company of that company which has submitted the bid. By making a bid pursuant to the Tender Documents, the bidder / tenderer shall be deemed to have declared that the bidder / tenderer has not made any other bid or multiple bids as understood or deemed in terms of this clause.

All the bids of a bidder who has submitted multiple bids, as per the clause, shall be rejected and Bid Security for all such bids shall be forfeited, not by way of penalty or liquidated damages but by way of reimbursement of the pre-estimated costs likely to be incurred by the buyer towards bidding process and in NEUTRAL CITATION C/SCA/17400/2025 JUDGMENT DATED: 05/02/2026 undefined the scrutiny & evaluation of bids. In addition to the above, bidders found to be in contravention to the said clause will be liable for administrative actions." 6.10. The above Clause for "One Bid Per Bidder" prohibits the bidder from submitting multiple bids in a particular bidding process in following cases:

c) Directors appointed in pursuance to any statutory or regulatory requirement such as directors appointed by the NCLT."

23. Considering the general terms and condition No.29 of the GeM, it only stipulates for regulating the one bid per bidder to prevent multiple bids in name of related parties, sister/associated/allied concerns who may be Company, Society, Partnership Firm or Proprietary Firm having one or more common NEUTRAL CITATION C/SCA/17400/2025 JUDGMENT DATED: 05/02/2026 undefined persons as Director, Partners, Member or Owner. Therefore, only because the word "director" is mentioned in Clause No.29 of the General Terms and Conditions of the GeM, it does not mean that it also includes "Independent Director" who has a different role to play in the Board of Directors of the Company.