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    <title>1995 (2) TMI 293 - Supreme Court</title>
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    <description>A strategic public-sector collaboration for superior technology was assessed under Article 14 on fairness, not on an automatic tender requirement. The authority&#039;s decision to enter a joint venture and memorandum of understanding with the selected collaborator was upheld because the chosen foreign partner was treated as technologically superior, while competing proposals were rejected on merits as unproven or inferior. The Government directive issued under the company&#039;s articles was also held valid, since ministerial approval and governmental control were sufficient and personal issuance in the President&#039;s name was treated as a matter of form. The challenge to the collaboration and directive therefore failed.</description>
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    <pubDate>Thu, 02 Feb 1995 00:00:00 +0530</pubDate>
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      <title>1995 (2) TMI 293 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=102671</link>
      <description>A strategic public-sector collaboration for superior technology was assessed under Article 14 on fairness, not on an automatic tender requirement. The authority&#039;s decision to enter a joint venture and memorandum of understanding with the selected collaborator was upheld because the chosen foreign partner was treated as technologically superior, while competing proposals were rejected on merits as unproven or inferior. The Government directive issued under the company&#039;s articles was also held valid, since ministerial approval and governmental control were sufficient and personal issuance in the President&#039;s name was treated as a matter of form. The challenge to the collaboration and directive therefore failed.</description>
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      <pubDate>Thu, 02 Feb 1995 00:00:00 +0530</pubDate>
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