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In present facts of the case, it was observed by the Honble Supreme Court of India that an NGO could not have filed writ petition before Honble High Court as it do not have any locus standi in present facts of the case as it was not an aggrieved party. Also, it was observed that the terms and conditions of the Invitation to Tender are within the domain of the tenderer/tender making authority and are not open to judicial scrutiny, unless they are arbitrary, discriminatory or mala fide.
In present facts of the case, while allowing the appeal it was observed by the Hon’ble Supreme Court that non-disclosure of the relevant and material documents with a view to obtain an undue advantage would amount to fraud and the judgment or decree obtained by fraud is to be treated as a nullity.
Non-disclosure of the relevant and material documents with a view to obtain an undue advantage would amount to fraud. Therefore, the judgment or decree obtained by fraud was to be treated as a nullity as the respondent had not only suppressed a material fact but had also tried to mislead the High Court.
Explore the National Pension Scheme (NPS) – a retirement savings account introduced by the Central Government. Learn benefits, contributions, tax benefits, exit options, and more. Join NPS for a secure and regulated investment in your retirement planning.
Let’s begin with the meaning of Corporate Social Responsibility (CSR). When the companies get bigger in size, apart from the economic responsibility of earning profits, there are some social responsibilities which the companies shall also consider in order to fulfil the expectations of society.
Department for Promotion of Industry and Internal Trade (DPIIT) notifies establishment of Credit Guarantee Scheme for Startups (CGSS). This Scheme will act as a key enabler and risk mitigation measure for lending institutions, enabling collateral free funding to startups. The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has notified […]
India to accord top priority to national interest in FTA negotiations; Government will not diverge from this approach for the sake of deadlines: Shri Piyush Goyal Commerce Minister reviews India’s Export Performance in the first six months of this financial year with key representatives from Export Promotion Councils and industry The Union Minister of Commerce […]
सरकार एक तरफ गेमिंग उद्योग को बढ़ावा दे रही है, उनकी कमाई पर टैक्स का नोटिस दे रही है, उन्हें शेयर मार्केट से पैसा उगाही की इजाजत दे रही है तो दूसरी तरफ उनके विज्ञापन पर एतराज़ जता रही है और यह भी कह रही है कि ये सट्टेबाजी और जूए को बढ़ावा दे रही […]
Bar Council of India has thoroughly examined contents of 165- pages long letter against Justice D. Y. Chandrachud and it finds that it is nothing but a scurrilous and malicious attempt to interfere with functioning of Judiciary and administration of Justice.
Karnataka High Court held that once an account is declared to be a fraud, bank can initiate criminal proceedings even after initiation of proceedings under SARFAESI Act and having a recovery certificate
