Common use of CHANGES IN A FIRM Clause in Contracts

CHANGES IN A FIRM. i. Where the contractor is a partnership firm, a new partner shall not be introduced in the firm except with the previous consent in writing of the Chairperson on behalf of Authority which may be granted only upon acceptation of a written undertaking by the new partner to perform the contract of accept all liabilities incurred by the Firm under the contract prior to the date of such undertaking.

Appears in 3 contracts

Samples: Annual Maintenance Plan, iwai.nic.in, iwai.nic.in

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CHANGES IN A FIRM. i. (i) Where the contractor is a partnership firm, a new partner shall not be introduced in the firm except with the previous consent in writing of the Chairperson on behalf of Authority which may be granted only upon acceptation of a written undertaking by the new partner to perform the contract of accept all liabilities incurred by the Firm under the contract prior to the date of such undertaking.

Appears in 2 contracts

Samples: iwai.nic.in, iwai.nic.in

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