Leaving India. The Borrower shall not leave India for employment or business or for long term stay abroad without fully repaying the outstanding Loan together with interest and other dues and charges including pre-payment charges as per the policy of IHFL then in force.
Leaving India. The Borrower shall not leave India for employment or business or for long term stay abroad without fully repaying the Loan then outstanding together with interest and other dues and charges including prepayment charges as per the rules of AHFL then in force. This clause is however not applicable to the Borrower if he has on or before the execution of this Agreement informed AHFL that he is an NRI and has furnished sufficient evidence thereof to AHFL.
Leaving India. Majority of the labourers left India for working in the plantations due to the push factors rather than pull factors. The devastated economy, especially rural, due to the British policies left them with very few choices.Also high levels of unemployment, chronic poverty, indebtedness and even famine were the primary causes. They had no idea of the working conditions or quality of life etc. Recruiters exploited their ignorance and simplicity as they were lured by way of glowing promises, and were assured of lucrative employment and enriched opportunities. Peasants were lured to the city by agents who promised them relief from the misery of their lives and substantial pecuniary gain and indubitably many were kidnapped or otherwise tricked. These girmityas were initially bound to serve five years, it being understood that the planters would pay for their passage, and at the end of this term the indentured labourers were to receive their freedom. The Europeans almost never adhered to these agreements. Middle Passage Overcrowding of the emigrant ships, inadequate food and lack of fresh water, water-borne diseases such as cholera, dysentery and diarrhoea, and the long and arduous voyage, made life unbearable. Many did not survive the long and brutal middle passage the bodies of the dead were, quite unceremoniously, thrown overboard. The slavery had indeed ended but the officers were accustomed of handling the labourers in the old way. Life at work Isolated from the rest of the local population, colonial rulers housed the workers in barracks and regulated their lives in almost every regard, with severe punishments for disobedience and "insufficient work”. Throughout the period of Indenture ship, immigrants were faced with meagre wage rates and unrealistic task work. Weekly earnings depended on the number of tasks, the nature of the tasks, whether it was weeding, shovelling, manuring, planting or harvesting and the speed with which they were completed. In any event, it was the employer who invariably determined the wage rate and whenever there was a fall in sugar prices immigrants found their earnings minimized. Indian labourers experienced a persistent problem surrounding the “muster roll”, which was held every morning. Non- attendance meant the penalty of a fine, which was arbitrarily deducted from their wages. The pressure of getting into the fields early in order to complete unrealistic tasks at the expense of missing the muster roll, was very great. On the oth...
Leaving India. Where the Borrower is not a NRI, the Borrower shall not leave India for employment or business or for long term stay abroad without fully completing the Repayment as per the rules of the Bank then in force. In case the Borrower is a NRI, in addition to the obligations as stated under this Agreement, the Borrower shall also comply with all the obligations specifically stated in Schedule IV hereto.
Leaving India. Where the Borrower has to, during the tenure of the loan leave (India) for employment or business or for long term stay abroad, he shall give prior written notice to the Lender and shall at the discretion of the Lender prepay the entire loan and other dues under this Agreement or pay the same as per the directions of the Lender.
Leaving India. Leave India for employment or business or for long term abroad without fully repaying the Bank's loan together with interest and other dues and charges including prepayment charges as per the rules of the Bank then in force. Whether the stay is long term or not shall be decided solely by Bank.
Leaving India. The Borrower shall not leave India for employment or business or for long term stay abroad without fully repaying the Loan then outstanding together with interest and other dues and charges including prepayment charges as per the rule of the Bank then in force. The Bank shall have unfettered right to securities, transfer assign in full or in part the rights/benefits under the Agreement to any third party who shall then ipso facto assume the rights of the Bank and the Borrower shall be obliged to deal with such purchaser/transferee as if they were the Bank. However, the Borrower shall not be entitled to transfer or assign any of his rights and obligations under the Agreement.
