In a recent decision, the Calcutta High Court has observed that to ensure that the best competitor is chosen, the process of selection adopted by a public undertaking is required to be transparent. The Court, set aside the rejection of tender submitted by petitioners, Texmaco Rail & Engineering Limited, on the grounds that such a rejection by the respondent-Railway authorities, was arbitrary and mala fide.

We are pleased to share that Argus Partners represented Texmaco Rail & Engineering Limited before the Calcutta High Court.

The Argus team consisted of Soorjya Ganguli, Somdutta Bhattacharyya (Partners) and Devanshi Prasad (Associate).

Read more at: Livelaw.