Supreme Court · 2009 INSC 137 · Decided 10 February 2009

State of Kerala v. M/S Zoom Developers PVT. LTD. & ORS.

Court
Supreme Court of India
Citation
2009 INSC 137 · [2009] 1 S.C.R. 1150
Case number
CIVIL APPEAL No. 841/2009
Decided
10 February 2009
Bench
ARIJIT PASAYAT, S.H. KAPADIA (2-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Companies Act Section 212

Headnote

COMPANIES ACT, 1956: c S.212 - Consortium Agreement - Modification of - Whether results in change in the constituents membership - Bid Evaluation Committee rejecting the Bid proposal made by the consortium and excluding the consortium from zone of consideration - High Court holding the and bad in law - On appeal, Held: The modified consortium agreement is in line with the proposal submitted - There was no change in the membership of the consortium - High Court rightly held that the licence agreement has still to be executed and at that stage the change of joint and E

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