NIACL definition
NIACL means without limitation the “New India Assurance” (NIACL), a Company established under section 3(1) of (iv) of the Company Act, 1956, having its Central Office at New India Assurance Building, 87, M.G.Road, Fort, Mumbai 400001.
NIACL means the The New India Assurance Company Limited, a Company established under Companies Act 1956 (including its domestic branches and foreign offices), subsidiaries and joint ventures, where the Company has ownership of more than 50% of voting securities or the power to direct the management and Policies of such subsidiaries and joint ventures.
NIACL means The New India Assurance Company Limited incorporated under the Companies Act, 1956.
Examples of NIACL in a sentence
The NIACL reserves the right to terminate or abandon or postpone the work for good and sufficient cause (including non-start of work as per client priorities) and in any case shall give 30 days prior notice in writing to the consultants (the employer being sole judge for the same).
The term Company/Employer wherever used, shall mean The New India Assurance Co Ltd (NIACL).
In case the progress of any part of consultants work is found to be unsatisfactory by NIACL.
Failing to remedy the situation as per the mutually agreed plans, NIACL shall have the right to withdraw that portion of the work and get the same done at the risk and cost of the consultant, after giving a week’s notice.
More Definitions of NIACL
NIACL means The New India Assurance Co. Ltd (including domestic branches and foreign offices) and subsidiaries.