JUDGMENT :

KRISHNA MURARI, J.

1. Aggrieved by the rejection of its technical bid submitted in response to a notice dated 21.01.2019 issued by respondent No.4 calling for a bid for selection of a contractor for engineering, procurement, construction, testing, commissioning of approaches to Rail Over Bridge & Rail Under Bridge on Pakhowal Rail Road crossing and development of Rotary club as Smart street in Ludhiana City under Smart City Mission, the petitioner, a joint venture, has invoked the extra ordinary jurisdiction conferred upon this Court under Article 226 of the Constitution of India.

2. Petitioner is a joint venture comprising of M/s Ceigall India Ltd. and M/s Gawar Construction Ltd. having a share holding of 74% and 26%, respectively. This joint venture was entered between the respective companies on 20.02.2019 for the purpose of bidding a tender issued by respondent No.4-Ludhiana Smart City Ltd. (hereinafter referred to as 'LSCL'). It is a Special Purpose Vehicle (hereinafter referred to as 'SPV') established as a limited company under the Companies Act, 2013 incorpora