[Tender Award] Net worth of bidder's sister concern need not be factored to compute bidder's worth if takeover is not complete: Delhi High Court

The Court passed the ruling while upholding the decision of the National Highways Authority of India (NHAI) with respect to two tenders floated by it.
Delhi High Court
Delhi High Court

In order to evaluate the financial eligibility of a bidder in a tender award process, should the net worth of a bidder's sister concern be factored to estimate the net worth of the bidder if the takeover of the sister concern is not complete?

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