https://www.taxtmi.com/caselaws?id=330378 The appeal was dismissed, with the Court upholding SECL's decision to consider Jhajharia's financial bid. The Court found no merit in the appellants' contentions regarding the essential terms of the NIT, allegations of collusion, or their locus standi. The decision reinforced the principle that administrative decisions in tender processes, made by experts, should not be interfered with lightly by courts unless they are arbitrary or unreasonable. en-us Fri, 15 Jul 2016 00:00:00 +0530 Sat, 23 Jul 2016 20:26:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330378 The appeal was dismissed, with the Court upholding SECL's decision to consider Jhajharia's financial bid. The Court found no merit in the appellants' contentions regarding the essential terms of the NIT, allegations of collusion, or their locus standi. The decision reinforced the principle that administrative decisions in tender processes, made by experts, should not be interfered with lightly by courts unless they are arbitrary or unreasonable. Case-Laws Companies Law Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330378