Case Law Details
Case Name : In re Hyundai Rotem Co., Korea & Mitsubishi Co., Japan, AAR No’s. 798- 799/2008 (Authority for Advance Ruling)
Related Assessment Year :
Courts :
Advance Rulings
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Facts
The Delhi Metro Rail Corporation (DMRC) invited bids for design, manufacture, supply, testing, commissioning, training and transfer of technology of 156 Standard Gauge Electrical Multiple Units (EMUs).
Mitsubishi Corporation (MC) and Hyundai Rotem Company, Korea (Rotem) along with other two members entered into a consortium (MRMB) to participate in the bidding process.
Each member?s responsibilities along with the participation percentage between the consortium members were prescribed in consortium agreement.
DRMC awarded the contract to MRMB.
Later, MRMB entered into a supplementary co...
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