Defaulters definition
Defaulters. Segment”, shall mean a separate segment of companies, which have committed irregularities mentioned in clause 5.11.1;
Defaulters. Segment” means a separate segment of companies, which have committed irregularities mentioned in Regulation No. 30(1);
Defaulters. Committee” shall mean a Committee constituted by the Exchange and empowered for carrying out the functions under Chapter Error! Reference source not found. of the Bye-Laws;
Examples of Defaulters in a sentence
No Bid shall be awarded to a Bidder whose name (or any of its members, directors, partners or trustees) appear on the Register of Tender Defaulters kept by National Treasury, or who have been placed on National Treasury’s List of Restricted Suppliers.
Where a person/s are listed in the Register for Tender Defaulters and / or the List of Restricted Suppliers, that person will automatically be disqualified from the bid process.
More Definitions of Defaulters
Defaulters. Committee” shall mean a Committee constituted by the Exchange and empowered for carrying out the functions under Chapter XIII of the Bye-Laws.
Defaulters. Counter” means a Separate counter set up by the Exchange in the trading hall for trading of listed securities for such listed companies who have committed irregularities mentioned in paras (a) to (g) of Regulation No. 32(1), and to whom an opportunity of being heard has been given: