The Bombay High Court on Monday dismissed the plea by Adani Ports and Special Economic Zone Limited of Adani challenging disqualification of its bid for upgrade of the container terminal in Navi Mumbai by the Board of Trustees of Jawaharlal Nehru Port Authority (JNPA).
A division bench of Chief Justice Dipankar Datta and Justice M.S. Karnik rejected the plea as non-meritorious and directed the companies to pay ₹5 lakh to JNPA. Since Adani Ports has already submitted Rs 4.25 lakh with the tender to JNPA, it will deposit the remaining ₹75, 000.
