SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

2016 Supreme(Del) 1940

BADAR DURREZ AHMED, SANJEEV SACHDEVA
QUIPPO OIL AND GAS INFRASTRUCTURE LIMITED – Appellant
Versus
OIL & NATURAL GAS CORPORATION LIMITED – Respondent


Advocates:
Advocate Appeared:
For the Petitioner:Mr P.Chidambaram, Senior Advocate and Mr Rajiv Nayar, Senior Advocate with Mr Abhimanyu Bhandari and Ms Kartika Sharma.
For the Respondents: Mr Sanjay Jain, ASG with Mr Sunil K.Jain, Mr Kaushik Choudhury, Mr T.N.Durga Prasad, Ms Reeta Chaudhary, Mr Shaantanu Jain, Ms Rhea Vorma and Ms Ruchi Jain.

JUDGMENT

SANJEEV SACHDEVA, J

1. The Petitioner filed W.P.(C) No.12331/2015 seeking quashing/waiving off the arbitrary and discriminatory conditions encapsulated in clauses B.2.6(v) and B.2.7(v) and B.2.6(v) of the tender Nos.1, 2 & 3 respectively. W.P(C) No.791/2016 has been filed seeking a mandamus to the Respondent No. 1 to consider the bid of the Petitioner against the five subject tenders.

2. The Petitioner is a Public Limited Company engaged in the business of oil and gas drilling, providing drilling services to E& P Operators in India and overseas. It is stated to have over ten years of drilling experience across the industry and claims to be India’s leading and fastest growing drilling company.

3. The Petitioner is a wholly owned subsidiary of SREI Infrastructure Finance Limited, which owns 99.90% of the shares. The share-holding pattern of the Petitioner, as on the date of the filing of the petition, was as under:-       

Name of the Shareholder

No. of shares

Share capital

Share Holding in %

SREI

29,968,000

29,96,80,000

99.90

Mr Hemant Kanoria




































Click Here to Read the rest of this document

1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top