Pnc Aakshya Joint Venture vs Thakur Infraprojects Private Limited
Judges (2)
Case Significance
Pnc Aakshya Joint Venture vs Thakur Infraprojects Private Limited is a Bombay High Court decision dated March 7, 2026 (citation: ik-22187031). Two proceedings — a writ petition and a review petition — challenged the disqualification of a joint venture bid for the Navi Mumbai International Airport project on the ground that EVRASCON (a Russian entity and JV partner) was denied security clearance by the Union of India. The petitioner (Thakur Infraprojects, EVRASCON's Indian partner) argued security clearance was required only at the technical and financial evaluation stage, not at bid submission. The Court dismissed the writ petition The bench comprised Justices M.S. Karnik and Sharmila U. Deshmukh. The judgment was delivered by Justice M.S. Karnik.
Summary
Two proceedings — a writ petition and a review petition — challenged the disqualification of a joint venture bid for the Navi Mumbai International Airport project on the ground that EVRASCON (a Russian entity and JV partner) was denied security clearance by the Union of India. The petitioner (Thakur Infraprojects, EVRASCON's Indian partner) argued security clearance was required only at the technical and financial evaluation stage, not at bid submission. The Court dismissed the writ petition and rejected the review petition, holding that security clearance is required for bid evaluation of a strategic project and the refusal of clearance to EVRASCON was not open to challenge.
What was the outcome of Pnc Aakshya Joint Venture vs Thakur Infraprojects Private Limited?
Two proceedings — a writ petition and a review petition — challenged the disqualification of a joint venture bid for the Navi Mumbai International Airport project on the ground that EVRASCON (a Russia...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (ik-22187031)