SC clears TN’s F4 partnership, rejects conditions set by HC
1 month ago

SC clears TN’s F4 partnership, rejects conditions set by HC

Hindustan Times  

The Supreme Court on Thursday overturned the Madras high court ruling that directed the Tamil Nadu government to organise Formula 4 races and similar motor sports independently, excluding private parties. The apex court emphasised that public-private partnerships are widely embraced by governments globally as a model of good governance, which optimises limited state resources while leveraging efficiency and expertise from private entities. The Madras high court, by its order on February 19, 2024, allowed the race to proceed but imposed several conditions, including full reimbursement of the Tamil Nadu government’s ₹42 crore expenditure by RPPL and an advance deposit of ₹15 crore for future events. The bench proceeded to partially allow the appeals, setting aside the high court’s directions which mandated RPPL to bear all costs, deposit advance funds, and ordered the state to conduct such events in the future.

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'Ignores Principle Of Public-Private Partnerships' : Supreme Court Quashes HC Direction To TN Govt To Take Over Formula 4 Racing Event
1 month ago

'Ignores Principle Of Public-Private Partnerships' : Supreme Court Quashes HC Direction To TN Govt To Take Over Formula 4 Racing Event

Live Law  

Emphasizing the need for judicial restraint in contractual matters between the State and private entities, particularly in financial dealings, the Supreme Court today set aside the Madras High Court's ruling that had modified key financial directives related to the Formula 4 racing event in Chennai. Upholding the legitimacy of contractual agreements between the State and private entities for public benefit, …

Formula 4 night street race | Madras High Court reserves verdict on three PIL petitions
1 year, 3 months ago

Formula 4 night street race | Madras High Court reserves verdict on three PIL petitions

The Hindu  

The Madras High Court on Monday reserved its judgement on a batch of three public interest litigation petitions filed against the conduct of Formula 4 night street race in Chennai by creating a circuit on the four public roads around the Island Grounds in the city. Third Division Bench of Justices R. Mahadevan and Mohammed Shaffiq deferred their verdict after …

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