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Legal Approval - Re - GIC - Legal Opinion For - Avis India Mobility Solutions PVT LTD
Legal Approval - Re - GIC - Legal Opinion For - Avis India Mobility Solutions PVT LTD
Re: GIC - Legal opinion for "Avis India Mobility Solutions Pvt Ltd"
1 message
Please go ahead
This is client format -agreement and no changes allowed by client for supply of 17 Chauffeurs
1. Unlimited Liabiltiy
2. Gratuity on Actual
3. Margin is less than 10%
Is G4S liable for uninsured risks? No Can the customer terminate for convenience? Yes
Is G4S prevented from increasing charges? NO Can G4S terminate for non-payment? Yes
60
Payment Terms on Contracts (DAYS) Days Is a force majeure clause included? Yes
Regards .
R.GunaShekaran
Hub Legal Head – Bengaluru, Chennai & Hyderabad
www.G4S.
On Tue, May 28, 2024 at 10:06 AM Pawan Premnath Shetty <pawan.shetty@in.g4s.com> wrote:
Dear Sir,
MAR enclosed was wrong. Attaching the correct MAR for your reference.
Regards
Pawan Shetty.
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5/28/24, 2:37 PM g4s Mail - Re: GIC - Legal opinion for "Avis India Mobility Solutions Pvt Ltd"
Dear Sir,
Please find below the details pertaining to "GIC - Legal opinion for "MANYATA PROMOTERS PRIVATE LIMITED - Hilton", for raising the GIC Approvals.
Request you to kindly assist in getting this closed. The MAR approval is enclosed for your reference.
Covered in Base
S.NO DESCRIPTION PAGE NO POINT NO REMARKS
Agreement/Addendum
Agreement Format– Standard or non-
1 standard agreement compared to G4S Client Format
standard
2 Term/Duration Clause Exhibit A 7 5 1 Year
3 Payment Terms Clause Payment Terms 10 B 30 Days
4 Interest for delayed payment Covered. Section 2.7 Page 3
5 Price Increase clause Fees and Payment 9 C
6 Limitation of Liability Section 7 7 1.3
7 Termination Clause Termination Clause 4 21 One Month Notice
8 Force Majeure clause Force Majeure clause 4 20
9 Costing Components – Gratuity Not Covered
10 SLA Deductions if any Penalty clause not applicable
11
12
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