Standing Committee for Settlement of Disputes Sample Clauses

Standing Committee for Settlement of Disputes. If a question, difference or objection arises in connection with or out of the contract/ agreement or the meaning of operation of any part, thereof or the rights, duties or liabilities of either party have not been settled by mutual discussions or the decision of tender sanctioning Procurement Committee, it shall be referred to the empowered standing committee for decision, if the amount of the claim is more than Rs. 50,000/-. The empowered standing committee shall consist of following members: - (RISL) Chairman of BoD of RISL : Chairman : Member Secretary, DoIT&C or his nominee, not below the rank of Deputy Secretary Managing Director, RISL : Member : Member Director (Technical)/ Executive Director, RISL Director (Finance), RISL : Member A Legal Expert to be nominated by the Chairman : Member
Sample 1See All (5)
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Standing Committee for Settlement of Disputes. If a question, difference or objection arises in connection with or out of the contract/ agreement or the meaning of operation of any part, thereof or the rights, duties or liabilities of either party have not been settled by mutual discussions or the decision of tender sanctioning Procurement Committee, it shall be referred to the empowered standing committee for decision, if the amount of the claim is more than Rs. 50,000/-. The empowered standing committee shall consist of following members: - (RISL)  Chairman of BoD of RISL : Chairman  Secretary, DoIT&C or his nominee, not below the rank of Deputy Secretary : Member  Managing Director, RISL : Member  Director (Technical)/ Executive Director, RISL : Member  Director (Finance), RISL : Member  A Legal Expert to be nominated by the Chairman : Member Procedure for reference to the Standing Committee: The supplier/ selected bidder shall present his representation to the Managing Director, RISL along with a fee equal to two percent of the amount of dispute, not exceeding Rupees One Lakh, within one month from the date of communication of decision of the tender sanctioning Procurement Committee. The officer-in-charge of the project who was responsible for taking delivery of the goods and/ or service from the supplier/ selected bidder shall prepare a reply of representation and shall represent the RISL’s stand before the standing committee. From the side of the supplier/ selected bidder, the claim case may be presented by himself or through a lawyer. After hearing both the parties, the standing committee shall announce its decision which shall be final and binding both on the supplier/ selected bidder and RISL. The standing committee, if it so decides, may refer the matter to the Board of Directors of RISL for further decision. Rate Contract for Supply of Digital Signature Certificates (with USB Tokens) and Server SSL Certificates Legal Jurisdiction: All legal proceedings arising out of any dispute between both the parties regarding a contract shall be settled by a competent court having jurisdiction over the place, where agreement has been executed and by no other court, after decision of the standing committee for settlement of disputes. Rate Contract for Supply of Digital Signature Certificates (with USB Tokens) and Server SSL Certificates
Sample 1Sample 2See All (4)
Standing Committee for Settlement of Disputes. If a question, difference or objection arises in connection with or out of the contract/ agreement or the meaning of operation of any part, thereof or the rights, duties or liabilities of either party have not been settled by mutual discussions or the decision of tender sanctioning Procurement Committee, it shall be referred to the empowered standing committee for decision, if the amount of the claim is more than Rs. 50,000/-. The empowered standing committee shall consist of following members: - (RISL) • Chairman of BoD of RISL : Chairman • Secretary, DoIT&C or his nominee, not below the rank of Deputy Secretary : Member • Managing Director, RISL : Member • Director (Technical)/ Executive Director, RISL : Member • Director (Finance), RISL : Member • A Legal Expert to be nominated by the Chairman : Member
Sample 1Sample 2See All (4)
Standing Committee for Settlement of Disputes. If a question, difference or objection arises in connection with or out of the contract/ agreement or the meaning of operation of any part, thereof or the rights, duties or liabilities of either party have not been settled by mutual discussions or the decision of tender sanctioning Procurement Committee, it shall be referred to the empowered standing committee for decision, if the amount of the claim is more than Rs. 50,000/-. The empowered standing committee shall consist of following members: - (XxXX&X)   Secretary, DoIT&C Technical Director & Joint Secretary, DoIT&C : Chairman : Member  FA, DoIT&C : Member  A Legal Expert to be nominated by the Secretary : Member
Sample 1
Standing Committee for Settlement of Disputes. If a question, difference or objection arises in connection with or out of the contract/ agreement or the meaning of operation of any part, thereof or the rights, duties or liabilities of either party have not been settled by mutual discussions or the decision of tender sanctioning Procurement Committee, it shall be referred to the empowered standing committee for decision, if the amount of the claim is more than Rs. 50,000/-. The empowered standing committee shall consist of following members: - (DoA)  Principal Secretary, DoA : Chairman  Commissioner, XxX or his nominee, not below the rank of Deputy Secretary : Member Additional Director (Research) : Member  Joint Director, Agriculture (Chemistry) : Member  Financial Advisor, DoA : Member  A Legal Expert to be nominated by the Chairman : Member
Sample 1
Standing Committee for Settlement of Disputes. If a question, difference or objection arises in connection with or out of the contract/ agreement or the meaning of operation of any part, thereof or the rights, duties or liabilities of either party have not been settled by mutual discussions or the decision of tender sanctioning Procurement Committee, it shall be referred to the empowered standing committee for decision, if the amount of the claim is more than Rs. 50,000/-. The empowered standing committee shall consist of following members: - (RISL)  Chairman of BoD of RISL : Chairman Rate Contract for End to End Deployment and Managed Services of ATMs  Principal Secretary, DoIT&C or his nominee, not below the rank of Deputy Secretary : Member  Managing Director, RISL : Member  Director (Technical)/ Executive Director, RISL : Member  Director (Finance), RISL : Member  A Legal Expert to be nominated by the Chairman : Member
Sample 1
Standing Committee for Settlement of Disputes. If a question, difference or objection arises in connection with or out of the contract/ agreement or the meaning of operation of any part, thereof Draft Rate Contract for Supply of USB Cryptographic Tokens or the rights, duties or liabilities of either party have not been settled by mutual discussions or the decision of tender sanctioning Procurement Committee, it shall be referred to the empowered standing committee for decision, if the amount of the claim is more than Rs. 50,000/-. The empowered standing committee shall consist of following members: - (RISL)  Chairman of BoD of RISL : Chairman  Secretary, DoIT&C or his nominee, not below the rank of Deputy Secretary : Member  Managing Director, RISL : Member  Director (Technical)/ Executive Director, RISL : Member  Director (Finance), RISL : Member  A Legal Expert to be nominated by the Chairman : Member
Sample 1
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Related to Standing Committee for Settlement of Disputes

  • Settlement of Disputes between a Contracting Party and an Investor of the other Contracting Party

  • Settlement of Investment Disputes between a Contracting Party and an Investor of the other Contracting Party

  • Settlement of Dispute Any disputes under the Agreement shall be settled at first through friendly consultation between the parties hereto. In case no settlement can be reached through consultation, each party shall have the right to submit such disputes to China International Economic and Trade Arbitration Commission in Beijing. The Place of arbitration is Beijing. The arbitration award shall be final and binding on both parties.

  • GOVERNING LAW AND SETTLEMENT OF DISPUTES 8.1 The execution, validity, interpretation, performance, implementation, termination and settlement of disputes of this Agreement shall be governed by the laws of PRC.

  • Interpretation and Settlement of Disputes 6.1 Should any doubt or diverging views arise regarding the interpretation of any provision of the present Letter of Agreement or in case of dispute regarding its application, the parties shall endeavor to reach a solution acceptable to both of them.

  • ADJUSTMENT OF DISPUTES 37.01 (1) The Employer and the Union recognize that grievances may arise in each of the following circumstances:

  • APPLICABLE LAW AND SETTLEMENT OF DISPUTES 25.1 This Agreement shall, in all respects, be governed by and construed in accordance with the laws in force from time to time in the State of Israel.

  • Non-Application of Dispute Settlement No Party shall have recourse to dispute settlement under Chapter 28 (Dispute Settlement) for any matter arising under this Chapter.

  • Settlement of Disputes between an Investor and a Contracting Party (1) Any dispute between an investor of one Contracting Party and the other Contracting Party in relation to an investment of the former under this Agreement shall, as far as possible, be settled amicably through negotiations between the parties to the dispute.

  • Central Dispute Resolution Committee a) There shall be established a Central Dispute Resolution Committee (CDRC), which shall be composed of two (2) representatives from each of the central parties, and two (2) representatives of the Crown.

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