Computation of net worth - inclusion of Deferred Tax Liability - ...

Court Rules Tender Authority Has Final Say on Net Worth Calculations, Including Deferred Tax Liability, Unless Legally Erroneous.

June 13, 2023

Case Laws Indian Laws HC

Computation of net worth - inclusion of Deferred Tax Liability - Direct or Indirect Method of Calculation - Rejection of Petitioner’s bid in respect of a tender - The purpose of calculating net worth should be primarily left with the tender issuing authority and the evaluating committee and the Court cannot dictate as to how the net worth should be calculated unless the decision is contrary to law. - HC

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Computation of net worth - inclusion of Deferred Tax Liability - ...

Court Rules Tender Authority Has Final Say on Net Worth Calculations, Including Deferred Tax Liability, Unless Legally Erroneous.

June 13, 2023

Case Laws Indian Laws HC

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