TIWN
New Delhi, Nov 7 (TIWN) The Supreme Court on Friday said blacklisting orders may spell the death knell of an organisation, as it set aside an indefinite backlisting order issued against VetIndia Pharmaceuticals Ltd in 2009.
A bench headed by Justice R. F. Nariman and comprising Justices Navin Sinha and Krishna Murari said: "An order of blacklisting operates to the prejudice of a commercial person not only in praesenti (at the present time) but also puts a taint which attaches far beyond and may well spell the death knell of the organisation/institution for all times to come described as a civil death."
The pharma company was served an order of blacklisting by the Animal Husbandry Department of Uttar Pradesh Government referring state analyst report in October 2008, declaring the batch supplied by it to be of substandard quality (misbranded/not in accordance with Oxytetracycline injection), which violated tender stipulations. The bench noted the injection was not supplied.
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