NATIONAL ALUMINIUM COMPANY LIMITED - Rites

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circumstances. In the event of stoppage of the works the period of the option under this clause
shall be fourteen (14) days only, provided that should be above option be not exercised, the
contract may be terminated by the purchaser by notice in writing and the same power and
provisions reserved to the Purchaser in clause `Negligence’ in the event of taking the work out of
the Contractor’s hands shall immediately become operative.
47.00 GRAFTS AND COMMISSION ETC.
Any graft, commission, gift or advantage given promised or offered by or on behalf of the
Contractor or his partner, agent, officers, director, employee or servant or any one on his or their
behalf in relation to the obtaining or to the execution of this or any other contract with purchaser,
shall in addition to any criminal liability which it may incur, subject the contractor to the cancellation
of this and other contracts and also to payment of any loss or damage to the purchaser resulting
from any cancellation. The purchaser shall then be entitled to deduct the amounts so payable from
any money otherwise due to the Contractor under the contract.
48.00 COMPLETION OF CONTRACT
Unless otherwise terminated under the provisions of any other relevant clause, this contract shall
be deemed to have been completed all the expiration of the guarantee period as provided for under
the clause entitled `Guarantee Period’ as provided for under the clause entitled `Guarantee’ and
only on issue of a certificate to that effect and not otherwise.
49.00 DEFENCE OF SUITS
In any action in court is brought against the purchaser or Engineer or an officer or agent of the
purchaser, for the failure or neglect on the part of the contractor to perform any acts, matters,
convenants or things under the contract, or for damage or injury caused by the alleged omission or
negligence on the part of the Contractor, his agents, representatives or his sub-contractors,
workmen, suppliers, or employees, the Contractor shall in all such cases indemnify and keep the
purchaser, and the Engineer and / or his representative harmless from all losses, damages,
expenses or decrees arising of such action.
50.00 ARBITRATION
All disputes or differences arising under the contract whether during or after completion of the
contractor or whether before or after determination, for closure or breach of the contract (other than
those in respect of which the decision of any person is by the contract expressed to the final and
binding) shall after written notice by either party to the contract to the other of them and to the
Appointing Authority hereinafter mentioned be referred for adjudication to a sole Arbitrator to be
appointed as hereinafter provided.
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