Common use of Defaulter’s List Clause in Contracts

Defaulter’s List. The names of the Company and/ or its directors do not figure in any list of defaulters circulated by the RBI or any bank or financial institution nor do the names of its directors appear in caution list issued by RBI/ Export Credit Guarantee Corporation / Director General of Foreign Trade etc.

Defaulter’s List. The names of the Company and/ or and/or its directors do not figure in any list of defaulters circulated by the RBI Reserve Bank of India or any bank or financial institution nor do the names of its directors appear in caution list issued by RBI/ Export Credit Guarantee Corporation Reserve Bank of India/ ECGC / Director General of Foreign Trade etc.