Common use of ACCOUNTS AND AUDIT Clause in Contracts

ACCOUNTS AND AUDIT. 23.1.1 The Concessionaire shall maintain books of accounts recording its income, expenditure, receipts and payments, and assets and liabilities in accordance with Applicable Law. Upon written request by Maha-Metro and/or any Govt. Organizations, it shall provide to Maha-Metro and/or Govt. Organizations two (2) copies of its Audited Annual accounts including the balance sheet and profit and loss account audited by its statutory auditors along with Annual report thereon, as soon as reasonably available. Part V- Force Majeure and Termination

ACCOUNTS AND AUDIT. 23.1.1 The Concessionaire shall maintain books of accounts recording its income, expenditure, receipts and payments, and assets and liabilities in accordance with Applicable Law. Upon written request by Maha-Metro and/or any Govt. Organizations, it shall provide to Maha-Metro and/or Govt. Organizations two (2) copies of its Audited Annual accounts including the balance sheet and profit and loss account audited by its statutory auditors along with alongwith Annual report thereon, as soon as reasonably available. Part V- Force Majeure and Termination