Facts: The petitioner, a lead member of a joint venture, challenged its disqualification in a technical bid for a municipal solid waste management tender issued by the Brihanmumbai Municipal Corporation (BMC). A corrigendum to the tender required bidders to demonstrate a "Positive Profit after Tax" for five consecutive financial years. While the petitioner’s Chartered Accountant (CA) certified a positive profit of Rs. 32.32 lakhs for FY 2022-23 by including "Other Comprehensive Income" (OCI) under Indian Accounting Standards (Ind AS), the petitioner's actual balance sheet reflected a net loss of Rs. 44.06 lakhs. The BMC rejected the bid for inadequate financial capacity and forfeited 10% of the earnest money deposit, leading to this challenge.Procedural Posture: The petitioner approached the High Court of Bombay under its ordinary original civil jurisdiction via a Writ Petition challenging the disqualification order dated 17th November 2025.Issue: Whether the tendering authority acted arbitrarily in rejecting a bid where the CA certificate showed a profit based on OCI, despite the primary balance sheet entry showing a net loss after tax.Holding: No, the court upheld the disqualification, ruling that the tendering authority is entitled to apply a uniform standard based on the express terms of the tender and the primary entries in the balance sheet.Reasoning: The Court reasoned that the author of the tender is the best judge of its requirements and is not required to be an expert in complex accounting methodologies like Ind AS vs. GAAP. Since the tender specified "Profit after Tax" and did not mention "Total Comprehensive Income" or "OCI", the authority was justified in relying on the plain wording of the balance sheet. Furthermore, as the BMC applied a uniform formula (Gross Income minus Expenses minus Tax) to all bidders, the decision was neither irrational nor discriminatory. Judicial review in tender matters is limited and should only interfere in cases of malafides or perversity, neither of which were present here.