M/S SAPPHIRE MEDIA LIMITED vs NBCC SERVICES LIMITED

Judgment text excerpt

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 08.04.2026 Judgment pronounced on: 11.05.2026 + W.P.(C) 4147/2026, CM APPL. 20278/2026, CM APPL. 20279/2026, CM APPL. 20280/2026 & CM APPL. 22033/2026 M/S SAPPHIRE MEDIA LIMITED .....Petitioner Through: Mr. Vikas Singh, Sr. Adv. with Mr. Varun Singh, Ms. Deepika Kalia, Mr. Sudeep Chandra, Ms. Kajal Gupta, Mr. Deepashu Shakargaye, Ms. Urvashi Chauhan, Ms. Khushi, Advs. versus NBCC SERVICES LIMITED & ANR. .....Respondents Through: Mr. N Prabhakar, Mr. Uday Sharma & Mr. Shailesh Sharma, Advs. for NBCC Mr. Nakul Sehgal & Mr. Prem Kandpal, Advs. along with AR of R-2. CORAM: HON'BLE MR. JUSTICE ANIL KSHETARPAL HON'BLE MR. JUSTICE AMIT MAHAJAN JUDGMENT AMIT MAHAJAN, J. 1. By the present petition, the Petitioner challenges the disqualification of its Technical Bid, communicated vide email dated 28.03.2026 pertaining to the Tender No. NSL/CEO/IIAC/NIT/2026/845 for “Interior and Fitout work for IIAC at 4th & 5th, Tower A, World Trade Centre, Nauroji Nagar, New Signature Not Verified Signed By:HARMINDER KAUR W.P.(C) 4147/2026 Signing Date:11.05.2026 Page 1 of 18 15:00:36 Delhi” for “India International Arbitration Centre issued by Respondent No. 1. 2. Briefly stated, the relevant facts circumscribing the adjudication of the present petition are as follows: 2.1. On 14.03.2026, Respondent No. 1 issued a tender for Interior and Fitout work for the India International Arbitration Centre. The last date and time of submission of the online tender was up to 23.03.2026 by 11 PM. The estimated cost of the work was ₹31,64,86,727/-. As per the Notice Inviting Tender (‘NIT’), the eligibility criteria required the bidder to furnish, inter alia, in Form E, a self-certified Bank Solvency Certificate issued by a Nationalised or