State Of Kerala vs M/S Zoom Developers P.Ltd.& Ors

The Supreme Court ruled that the decision of the Bid Evaluation Committee to reject the bid proposal of the consortium led by M/s Zoom Developers Pvt. Ltd. was justified under the terms of the Request For Proposal (RFP). The Court held that the failure to provide a properly stamped Power of Attorney and Consortium Agreement, as well as the lack of clarity regarding the equity holding of the lead member, constituted valid grounds for exclusion from consideration. Consequently, the Kerala High Court's judgment was upheld, affirming the legality of the bid rejection process.