2024 (1) TMI 1480

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....Ravi Singh,Ravi Prakash Pandey 1. Petitioner applied for settlement of a contract pursuant to bids invited on the GeM portal (Government e Marketplace). The bid process was in two parts i.e. technical bid and financial bid. Bids were to be submitted on the portal specifically created by the Central Government. The conditions of bid required various documents to be mandatorily submitted with the ....

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....nditions of contract that such certificate was to have UDIN number on it. It is, therefore, argued that the action of the respondents in rejecting the petitioner's bid is arbitrary. 3. Sri Kunal Ravi Singh, appearing for the respondent-authority has placed reliance upon a Gazette notification dated 2.8.2019 issued by the Institute of Chartered Accountant of India in exercise of powers under t....

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.... published on the website of ICAI www.icai.org at the relevant times. Now, in exercise of the powers conferred on it under Item No.(1) of Part- II of the Second Schedule to the Chartered Accountants Act, 1949, the Council of the Institute of Chartered Accountants of India hereby issue the following guidelines for information of public and necessary compliance by members of the Institute - (i....

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....ertificate issued by the Chartered Accountant met the above requirement. It is also submitted that submission of fresh certificate alongwith UDIN number by the petitioner, after the technical bids were processed, would also not be of any help. It is lastly submitted that the contract has been awarded by the authority to another company which was shortlisted as L1 on the GeM portal. 5. We have hea....