Procedure and timeline Sample Clauses
Procedure and timeline. 21.11.1.1 In case the Purchaser is a company registered under the Companies Act, 2013, the Purchaser (new name) shall intimate the Seller about change of name within three (3) months succeeding the month in which Certificate of Incorporation pursuant to change of name is issued by the Registrar of Companies.
21.11.1.2 In case the Purchaser is Company registered under the Companies Act, 2013, and the change of name of Purchaser is consequent to sale of Specified End Use Plant to a Company registered under Companies Act, 2013, then the Purchaser (new entity) shall intimate the Seller about the change of name within three months succeeding the month in which the instrument evidencing the sale of Specified End Use Plant(s)/Sale Deed is executed and submit the Board Resolutions of both the Companies (vendor and vendee of the Specified End Use Plant). It is clarified that a single company shall have control of the Washery and the Specified End Use Plant(s).
21.11.1.3 In case the Purchaser is a Company registered under the Companies Act, 2013 and the change of name is on account of inter alia amalgamation, merger, demerger, takeover of the Purchaser, the Purchaser (new entity) shall intimate within three months succeeding the month in which the date of approval of the amalgamation, merger, demerger, takeover by the court/tribunal of competent jurisdiction. It is clarified that a single company shall have the control of the Washery and the Specified End Use Plant(s).
21.11.1.4 In case the change of name of the Purchaser is consequent to any event not covered under sub-clauses (a),(b) and (c) of Clause 21.11.1, the Purchaser (new entity) shall intimate the Seller about the change of name within three (3) months succeeding the month of issuance/execution of the relevant document.
21.11.1.5 The Purchaser (new entity) while intimating the Seller shall submit the following documents:
21.11.1.5.1 Certificate of Incorporation pursuant to change of name wherever applicable;
21.11.1.5.2 Instrument evidencing sale of Specified End Use Plant(s)/Board Resolutions wherever applicable 21.11.1.5.3 PAN; 21.11.1.5.4 GSTIN; 21.11.1.5.5 TAN as applicable; 21.11.1.5.6 Details of bank account;
Procedure and timeline a. The appellant submits a letter to the Human Resources Director and the VPAA stating the reasons for the appeal. This letter must be received within forty-five (45) days of the appellant’s receipt of the notification of the decision which is being appealed through this procedure.
b. The appeals committee is formed consisting of three (3) tenured DUCFFT bargaining unit members. The appellant chooses a tenured DUCFFT bargaining unit member who will serve as chair, the VPAA chooses the second tenured DUCFFT bargaining unit member, and the two chosen DUCFFT bargaining unit members choose the third member of the appeals committee. DUCFFT bargaining unit members who are current members of PREC or have just completed their term on PREC are not eligible to serve on this appeals committee.
c. Within ten (10) business days from receipt of the appeal by the Human Resources Director and the VPAA, the members of the appeals committee must be chosen and have confirmed to Human Resources their willingness to serve. The Human Resources Director notifies the VPAA and the appellant. The full appeals committee must meet by September 15.
d. The appeals committee conveys its recommendation to the President by November 15. The President issues the decision to the appellant, the appeals committee, the VPAA, and the Human Resources Director by December 15.
e. To accommodate this period of reconsideration, the DUCFFT bargaining unit member’s employment will be extended by one year, if needed.
Procedure and timeline