Saturday, June 03, 2006

Reliance Plea In Sc To Lay Guidelines For Tenders Allotment

Reliance Airports Developers Pvt. Ltd. pleaded before the Supreme Court that since huge national assets are going to be privatised this court must lay down strict guidelines for allotment of tenders and contracts to private players.
Senior Counsel Mukul Rohatagi appearing for the petitioner Reliance, pleaded before the vacation bench comprising Justices Arijit Pasayat and C.K. Thakker that in order to maintain transparency and fairness in allotting such tenders this court will have to lay down the guidelines as today it is airports tomorrow it may be railway station etc.
The court was hearing arguments on a petition challenging the government decision to award contracts to M/s GMR Infrastructure Ltd. and M/s GVK Industries Ltd for development and modernisation of Delhi and Mumbai airports respectively.
01/06/06 Financial Express
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