1.

MINIMUM ELIGIBILITY CRITERIA

Technical bids of the Bidders fulfilling the pre-qualification conditions will only be
evaluated by the duly constituted Technical Evaluation committee. They will shortlist
bidders that meet the pre-qualification criteria mentioned below and each of the
responses shall be evaluated to validate compliance of the bidders according to the
following criteria and supporting documents mentioned with each clause. Bids of the
Bidders not fulfilling the pre-qualification conditions will be rejected.

Bidders must ensure the documentary proofs to substantiate the pre-qualification

mentioned below in their technical bid, otherwise the bid shall not be considered for
evaluation.

Undertaking for subsequent submissions of any of the document will not be

entertained under any circumstances; however the corporation reserves the right to
seek clarifications on the documents submitted along with the tender.

1.1 The bidder should have a valid SEBI registration Certificate as per SEBI
Regulation (Investment Advisor), for a period of at least 5 preceding financial
years for carrying out investment advisory services. Confirmation letter from
Statutory Auditor confirming continuity as Independent Financial investment
manager for at - least five preceding Financial Years along with a copy of the
valid SEBI registration Certificate.
1.2 A valid SEBI registration is required for investment advisory/portfolio
management for

1.3 The bidder should have a minimum Net worth of Rs. 10.00 Crore as on
present date and should have earned profit for last three financial years. The
Bidder shall furnish & upload self- attested copies of the Audited Profit & Loss
Accounts and Balance Sheet of the immediate preceding Three Financial
Years.

1.4 The bidder should be managing/advising minimum Asset Under Management

(AUM) of Mutual Fund Investment of Rs 500 Crores as on (Investments done
by self or any Group/ associate Company will not be considered for
evaluation purposes). Certificate from Statutory Auditors required

1.5 The bidder should have experience in advising a minimum of three clients
each with mutual fund corpus of more than Rs. 50 crores.
(The Investments made by the Group/ Associate Company or any sister
concern will not be considered for evaluation.) A certificate from each client
indicating the amount of investments made in mutual fund on advise of the
bidder required.)
1.6 The bidder should have diversified AUM including advisory across various
AMCs and should be having minimum of Rs 50 Crore AUM in any of three
AMCs.
(Certificate from statutory auditor indicating the amount invested in each
AMC, along with name and PAN number of the client required).

1.7 The bidder should have advised a minimum of 5 Investment Trusts of PSU &
Private Clientel, each having an investment corpus of Rs. 500 cr or more
(complying under PFRDA Act 2013, EPF& MP Act 1952, IRDA Act 1999 and
other similar acts). (Certificate from each client indicating the amount of
investments made on the advise of the bidder and the corpus of trust should
be uploaded.)

1.8 The bidder should have in-house research legal expert team who are having
experience in dealing the cases in NCLT/ DRT and other similar tribunals for
advising on matters related to stressed assets, pending debt default cases
and recovery proceedings thereto, scheme of amalgamation/ merger/
restructuring of issuer companies etc.
(A list of such persons along with their qualifications and experience along
with cases they are dealing in, required.)

1.9 The bidder or its Group/ Associate Company or any sister concern should not
be in AMC business by any name/nature whatsoever at the time of applying.
An undertaking required.

1.10 To avoid conflict of interest in Advisor work and arranger work, the parties
and their group companies which are on the panel of arrangers, if applies
and finalized as Financial Advisor, shall be removed from the panel of
arrangers of GBOCWWB Trust.

1.11 The bidder should have a Functional Office

1.12 The Bidder shall have a GST Number. Copy of GST Registration certificate
required.

1.13 The Bidder shall have a PAN Card number. Copy of PAN Card number should
be uploaded.

1.14 The selected bidder shall comply with all applicable laws, Regulation,
instructions of Government of India, RBI, Stock Exchanges, SEBI including
SEBI (Investment Advisors) (Amendment) Regulation, 2020 issued vide
Notification No. SEBI/ LAP-NRO/GN/2020/22 dated 03.07.2020 and SEBI
Circular No. SEBI/ HO/IMD/DF1/CIR/P/2020/182 dated 23.09.2020, as
amended/ supplemented from time to time.

NOTE

1. Group or Associate companies would mean companies under the same

management where-in the Board consists of common promoters holding
minimum of 51%.
2. In support of all the minimum eligibility criteria, Bidders shall furnish &
upload along with Technical bid self- attested copies of documentary proof
failing which the Bids are liable to be rejected.

3. The Bidder shall furnish & upload self-attested copies of the Audited Profit &
Loss Accounts and Balance Sheet of the immediate preceding Three Financial
Years. In case of non-finalization of the accounts for the year, bidder shall
provide copy of the Audited Profit & Loss Accounts and Balance Sheet of the
preceding third year and same shall be considered.

5. The details of Bidder Particulars shall be furnished as per format prescribed.

2. DISQUALIFICATION CONDITIONS:

2.1 Bidder, any of its Partners or its sister concern, who have been blacklisted or
otherwise debarred by central/state Govt. or any central/ State PSU
/Statutory Corporations will be ineligible during the period of such blacklisting
/ debarment or for a period of five years from the date of blacklisting /
debarment whichever is later.

2.2 Any Bidder, its sister concern, subsidiary, whose contract with central/state
Govt. or any Central/ State PSU/Statutory Corporations, has been terminated
before the expiry of the contract period for breach of any terms and
conditions at any point of time during the last five years, will be ineligible.

2.3 Bidder whose Earnest Money Deposit and/or Security Deposit have been
forfeited by the central/state Govt. or any central/ State PSU
/Statutory Corporations, during the last five years, for breach of any terms
and conditions will be ineligible.

2.4 If the proprietor/any of the partners of the Bidder firm/any of the Directors
of the Bidder company/any of the Directors or Members of the governing
body of the Society have been at any time, convicted by a Court for an
offence involving moral turpitude, such Bidder will be ineligible.

2.5 While considering ineligibility arising out of any of the above clauses,
incurring of any such disqualification in any capacity whatsoever (even as a
proprietor, partner, Member in another firm, or as a director of any company
etc.) will render the Bid disqualified.

2.6 Bidder who is not meeting the Minimum Eligibility criteria stipulated in the Bid
Document shall not be eligible to apply for the bids.
3. CONSTITUTION OF THE BIDDER

3.1 Bidder shall in the Bid indicate their Legal status whether an individual or
Non- Individaual i.e. Registered Partnership Firm/ LLP or a Private Limited
Company, or a Public Limited Company incorporated in India. The
composition of the partnership and particulars of all partners, or names of all
Directors of Company, as applicable, shall be indicated.

3.2 The Bidder shall notify to the Corporation the death/resignation of any of
their Partners/Directors immediately on the occurrence of such an event. If
the Bidder is a Partnership Firm, there shall not be any re-constitution of the
partnership without the prior written consent of the Corporation till the
satisfactory completion of the Contract, failing which the Contract shall
forthwith be liable for termination treating it as breach of Contract by the
Bidder with consequences flowing there from, without prejudice to any other
rights or remedy Corporation may have under the Contract and Law.