Common use of Standing Committee for Settlement of Disputes Clause in Contracts

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

Appears in 3 contracts

Samples: Rate Contract, Rate Contract for Supply of Usb Cryptographic Tokens, Rate Contract for Supply of Usb Cryptographic Tokens

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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 : MemberMember RISL Rate Contract for Security Audit of Website(s) / Web Application(s) / portal(s)

Appears in 2 contracts

Samples: Rate Contract for Security Audit, Rate Contract for Security Audit

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

Appears in 2 contracts

Samples: Rate Contract, RFP for Supply, Installation and Customization of Gis Based Integrated Work Flow Management System

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, as per the arbitration and conciliation Act 1996, 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, : Chairman 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

Appears in 1 contract

Samples: Rate Contract

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 : Member  Managing Director, RISL : Member : Member Director (Technical)/ Executive Director, RISL : Member  Director (Finance), RISL : Member A Legal Expert to be nominated by the Chairman : MemberChairman

Appears in 1 contract

Samples: Rate Contract for Hiring of Legal Professional Services

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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: - members:- (RISL)  Chairman of BoD of RISL : Chairman  Secretary, DoIT&C or his nominee, : Chairman 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

Appears in 1 contract

Samples: Rate Contract for Security Audit

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  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

Appears in 1 contract

Samples: Rate Contract for Selection of Agency for End to End Deployment and Managed Services of Atms

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