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Notice Under Section 11 Of The Arbitration And Conciliation Act 1996 Arbitration & Award 1199

Category : Arbitration And Award

Notice under section 11 of the Arbitration and Conciliation Act 1996 To Builders India Private Ltd 7A Camac Street Calcutta 700 016 Dear Sirs Re Arbitration of the disputes arising out of Contract No 3 entered with us You had entered into a Contract No 3 with us undertaking to construct certain flats and guest houses on terms and conditions contained in said contract You have failed to complete construction and to make over delivery of possession of houses you had agreed to construct on our behalf We have paid you advances and also all your running bills In spite of this you are inordinately delaying the matter Time was of the essence of the contract You have failed to keep the time schedule The few apartments and guest houses that you have constructed and agreed for joint inspection were found to be defective and not suitable for occupation of the staff and they have not yet been made habitable In spite of requests you have failed and neglected to complete the work As a...