Schedule a Call Back
SC allows Adani Ports to withdraw plea against order backing JNPT
The Supreme Court on Monday permitted Adani Ports & Special Economic Zone to withdraw its suit contesting the high court's ruling upholding the JNPT's disqualification of its bid for upgrading a container port in Navi Mumbai.While allowing the withdrawal, the division bench of Justice MR Shah and Justice Krishna Murari noted that Adani Ports & SEZ would have no claim in the current JNPT bidding process.
The court did note, however, that Adani Ports' disqualification in its bid for Visakhapatnam Port (VPL) will 'not be used as a cause for disqualification in future tenders.' Adani Ports & SEZ will be able to participate in all future tenders as a result of this.
Also Read:
Indian exports to China dip by a third
114 year-old Indian Ports Act to be amended

Subscribe Now
Subscribe to our Newsletter & Stay updated
RECENT POSTS
Popular Tags
Folliow us
Related Stories
myHQ Report: Flexible Workspaces Dominate Demand
myHQ reports that 73 per cent of office space searches in India now favour flexible workspaces, with traditional leasing accounting for less than...
BITS Pilani Opens Smart Manufacturing Centre
BITS Pilani, through its Work Integrated Learning Programmes, inaugurated its Smart Manufacturing Competency Centre in Bengaluru, the second in a...
TK Elevator Begins India Factory Expansion Project
TK Elevator has commenced expansion of its manufacturing facility in India, marking a step towards strengthening local production and logistics c...
