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Fpel Tjtc Consortium vs Engineers India Limited And Anr on 26 July, 2023 cites

Kalinga Commercial Corporation Ltd vs Steel Authority Of India on 2 June, 2023

16. It is further submitted by Mr. Rao that the Respondent repeatedly W.P.(C) 3870/2023 Page 14 of 25 Signature Not Verified Digitaaly Signed By:BHUPINDER SINGH ROHELLA Signing Date:26.07.2023 15:20:23 Neutral Citation Number: 2023:DHC:5183-DB failed to calculate its net worth in accordance with the format prescribed in "Form O" of the Bidding Document, and it is settled law that the calculation of net worth for the purpose of a tender has to be as per the requirements of the tender. He relies upon a decision of this Court in Kalinga Commercial Corporation Ltd. v. Steel Authority of India, 2023 SCC OnLine Del 3548, to submits that the calculation of net worth of an entity and the preparation of balance sheet are two separate exercises.
Delhi High Court Cites 11 - Cited by 1 - S C Sharma - Full Document

Tata Cellular vs Union Of India on 26 July, 1994

25. Summing up the principles laid down in Tata Cellular (supra), Jagdish Mandal v. State of Orissa, (2007) 14 SCC 517, Dwarkadas Marfatia and Sons v. Board of Trustees of the Port of Bombay, (1989) 3 SCC 293, and Central Coalfields Ltd. v. SLL-SML (Joint Venture Consortium), (2016) 8 SCC 622, the Hon'ble Supreme Court in Afcons Infrastructure Ltd. v. Nagpur Metro Rail Corpn. Ltd., (2016) 16 SCC 818, W.P.(C) 3870/2023 Page 20 of 25 Signature Not Verified Digitaaly Signed By:BHUPINDER SINGH ROHELLA Signing Date:26.07.2023 15:20:23 Neutral Citation Number: 2023:DHC:5183-DB stated:
Supreme Court of India Cites 33 - Cited by 3275 - S Mohan - Full Document

Jagdish Mandal vs State Of Orissa & Ors on 11 December, 2006

25. Summing up the principles laid down in Tata Cellular (supra), Jagdish Mandal v. State of Orissa, (2007) 14 SCC 517, Dwarkadas Marfatia and Sons v. Board of Trustees of the Port of Bombay, (1989) 3 SCC 293, and Central Coalfields Ltd. v. SLL-SML (Joint Venture Consortium), (2016) 8 SCC 622, the Hon'ble Supreme Court in Afcons Infrastructure Ltd. v. Nagpur Metro Rail Corpn. Ltd., (2016) 16 SCC 818, W.P.(C) 3870/2023 Page 20 of 25 Signature Not Verified Digitaaly Signed By:BHUPINDER SINGH ROHELLA Signing Date:26.07.2023 15:20:23 Neutral Citation Number: 2023:DHC:5183-DB stated:
Supreme Court of India Cites 9 - Cited by 887 - R V Raveendran - Full Document

Dwarkadas Marfatia & Sons vs Board Of Trustees Of The Port Of Bombay on 27 April, 1989

25. Summing up the principles laid down in Tata Cellular (supra), Jagdish Mandal v. State of Orissa, (2007) 14 SCC 517, Dwarkadas Marfatia and Sons v. Board of Trustees of the Port of Bombay, (1989) 3 SCC 293, and Central Coalfields Ltd. v. SLL-SML (Joint Venture Consortium), (2016) 8 SCC 622, the Hon'ble Supreme Court in Afcons Infrastructure Ltd. v. Nagpur Metro Rail Corpn. Ltd., (2016) 16 SCC 818, W.P.(C) 3870/2023 Page 20 of 25 Signature Not Verified Digitaaly Signed By:BHUPINDER SINGH ROHELLA Signing Date:26.07.2023 15:20:23 Neutral Citation Number: 2023:DHC:5183-DB stated:
Supreme Court of India Cites 32 - Cited by 597 - S Mukharji - Full Document

Central Coalfieds Limited vs Sll-Sml (Joint Venture Consortium) . on 17 August, 2016

25. Summing up the principles laid down in Tata Cellular (supra), Jagdish Mandal v. State of Orissa, (2007) 14 SCC 517, Dwarkadas Marfatia and Sons v. Board of Trustees of the Port of Bombay, (1989) 3 SCC 293, and Central Coalfields Ltd. v. SLL-SML (Joint Venture Consortium), (2016) 8 SCC 622, the Hon'ble Supreme Court in Afcons Infrastructure Ltd. v. Nagpur Metro Rail Corpn. Ltd., (2016) 16 SCC 818, W.P.(C) 3870/2023 Page 20 of 25 Signature Not Verified Digitaaly Signed By:BHUPINDER SINGH ROHELLA Signing Date:26.07.2023 15:20:23 Neutral Citation Number: 2023:DHC:5183-DB stated:
Supreme Court - Daily Orders Cites 9 - Cited by 360 - M B Lokur - Full Document

Afcons Infrastructure Ltd vs Nagpur Metro Rail Corporation Ltd. & Anr on 15 September, 2016

25. Summing up the principles laid down in Tata Cellular (supra), Jagdish Mandal v. State of Orissa, (2007) 14 SCC 517, Dwarkadas Marfatia and Sons v. Board of Trustees of the Port of Bombay, (1989) 3 SCC 293, and Central Coalfields Ltd. v. SLL-SML (Joint Venture Consortium), (2016) 8 SCC 622, the Hon'ble Supreme Court in Afcons Infrastructure Ltd. v. Nagpur Metro Rail Corpn. Ltd., (2016) 16 SCC 818, W.P.(C) 3870/2023 Page 20 of 25 Signature Not Verified Digitaaly Signed By:BHUPINDER SINGH ROHELLA Signing Date:26.07.2023 15:20:23 Neutral Citation Number: 2023:DHC:5183-DB stated:
Supreme Court of India Cites 8 - Cited by 560 - M B Lokur - Full Document

J. K. Industries Ltd. & Anr vs Union Of India & Ors on 19 November, 2007

29. The Petitioner's contention that the Auditor has prepared the audit reports in accordance with the laws and accounting standards of Iran, and thus the net worth of the Petitioner should be computed as per the Financial Statement submitted by it has no merit. The manner in which net worth of a bidder is to be calculated has been expressly provided for in "Form O" and a bidder cannot seek a substitution of its own view in place of what has been provided in the Bidding Document, nor does this Court have the technical expertise to do so. Furthermore, the tendering authority is the best interpreter of the tender document, and the manner in which the net worth of a bidder should be calculated for a specific tender project should be left with the tendering authority and this Court cannot interfere with the same unless it is shown to be arbitrary, unreasonable, perverse or mala fide. Furthermore, it has been held by the Hon'ble Supreme Court in J.K. Industries Ltd. v. Union of India, (2007) 13 SCC 673, that the balance sheet (which is a financial statement) of a company is not an indicator of its net worth.
Supreme Court of India Cites 104 - Cited by 52 - Full Document
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