21. Restrictions:
(1) The General Manager or any Director or employee of the Corporation shall not be a party to any contract to be concluded with the Corporation and no person securing contract with the Corporation shall make him/her it’s partner.
(2) In case any person is proved to have committed an act which has been prohibited under Sub-section (1), the contract in respect of which such act has been committed shall be void and no claims may be filed for expenses or compensation in respect of such contract by or on behalf of the contractor.
Explanation : The General Manager, Director or employee of the Corporation shall be deemed to be a partner in the following circumstances.
(a) In case his/her name is included as a partner in the Contract to be signed with the Corporation on behalf of any member of his/her family, or on behalf of the company of which he/she is a managing director or any agent, or
(b) In case he/she is a shareholder of any firm or private limited company which is a partner in a contract to be signed with the Corporation.