You are viewing the translated version of रद्द गर्ने अधिकार.
Section 66
Right to cancel
: (1) The Government of Nepal may cancel this contract by giving a written notice to the contractor in the following cases:
(a) If the contractor fails to comply with the law, regulations or any provision of this contract or the order or instructions given by the department and fails to fulfill the obligations according to the order given by the department within (30) days or within a longer period than the time specified by the department or,
(b) If the contractor goes into bankruptcy, bankruptcy or liquidation.
(2) Within thirty (30) days of receiving the notice as per sub-section (1), the contractor may refer the matter of cancellation of the contract for arbitration under section 68 and shall give the relevant notice to the department. If the contractor fails to bring the matter before the arbitrator within the mentioned time, this contract will be canceled after the said (30) days.
(2a) After the production permit has been granted, if, in the opinion of both the department and the contractor, it is not appropriate to continue the petroleum work due to technical or economic reasons, the contractor may cancel the contract by giving a written notice to the department. Such notice should be given to the department at least ……… days before the date of cancellation of the contract.
(3) Merely because this Agreement is terminated, the Contractor shall not be relieved of his obligations to be performed prior to termination.
(4) If this agreement is canceled after the production permit has been granted, the department may postpone the date of cancellation of the agreement until the Government of Nepal assigns the right to carry out petroleum work to another person or takes control of the petroleum work by itself, and may order the contractor to continue the petroleum work on behalf of the Government of Nepal for a reasonable period at the expense of the Government of Nepal. .
(a) If the contractor fails to comply with the law, regulations or any provision of this contract or the order or instructions given by the department and fails to fulfill the obligations according to the order given by the department within (30) days or within a longer period than the time specified by the department or,
(b) If the contractor goes into bankruptcy, bankruptcy or liquidation.
(2) Within thirty (30) days of receiving the notice as per sub-section (1), the contractor may refer the matter of cancellation of the contract for arbitration under section 68 and shall give the relevant notice to the department. If the contractor fails to bring the matter before the arbitrator within the mentioned time, this contract will be canceled after the said (30) days.
(2a) After the production permit has been granted, if, in the opinion of both the department and the contractor, it is not appropriate to continue the petroleum work due to technical or economic reasons, the contractor may cancel the contract by giving a written notice to the department. Such notice should be given to the department at least ……… days before the date of cancellation of the contract.
(3) Merely because this Agreement is terminated, the Contractor shall not be relieved of his obligations to be performed prior to termination.
(4) If this agreement is canceled after the production permit has been granted, the department may postpone the date of cancellation of the agreement until the Government of Nepal assigns the right to carry out petroleum work to another person or takes control of the petroleum work by itself, and may order the contractor to continue the petroleum work on behalf of the Government of Nepal for a reasonable period at the expense of the Government of Nepal. .