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Thunderbirdsarego

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17/03/16

20:46

Post #: 17304609
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Originally posted by prolifix ↑

"The tripartite collaboration agreement, with its inherent tie-up of two Public Sector Undertakings with a foreign company, will be a first for the parties. Further, given its potentially substantial financial commitment through to commercial deployment and its binding status, ensuring the agreement is signed correctly under Indian law, is essential to giving it legal standing."

Your post completely contradicts it self. You say "You would think signing some kind of tripartite agreement would be satisfactory to believe that NLC is serious but instead this kind of constant reassurance is needed"

Then post rubbish about doubt of the TCA being legally binding..... YOU'RE the reason we need to reassure everyone on the facts!

You constantly post misleading statements and insinuate the most common knowledge info.... no qonder no one can be bothered ever replying to you anymore.

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Prolifix, why hasn't ECT published an explanation to whether it is an Agreement or Understanding.

That is an unanswered conflict and one that NLC nor NMDC have confirmed. On their websites they titled it an Understanding yet published ECT's release verbatim which quoted Agreement.

Which one is it and why?

ESI Price at posting: 1.3¢ Sentiment: None Disclosure: Held
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