Bot Agreement In India

According to the clause, the revenue potential of a build-operate transfer project (bot-maut) is reassessed every five years during the concession period, and every ten years. Therefore, the concession could, if necessary, be renewed at an early stage of the contract term, which would enhance cash flow security. Public Service India, Privatization and Economic Growth in India, available at: affairs/articles/privatisation-and-india-economy-growth.html 2018, (accessed December 2, 2019). . The defendant indicated that no stamp duty was required in a BOT contract. He also stated that there was no such registration at the PIO to find that the concessionaire had already paid a fee. Customs or in this case, it was paid during the conclusion of a contract with NHAI. He also stated that the dealer had provided them with information on points 1 to 3. He said that the agreement. . It was a false designation to say that the compensation came only from the company`s private coffers. The lawyer also mentioned the nature of the agreement, i.e.

the BOT contract.C that`s it. It was argued that, by its very nature, a BOT contract could not be equated with an acquisition of an enterprise or that it could be assimilated to an acquisition of an enterprise. According to the scholarly council, all the government did was just elect one. 76. The respondents submitted that when a BOT contract is examined in light of the provisions of Part VII of the Act and the rules relating to the acquisition of land (businesses). „The proposed amendments also aim to take into account recent policy initiatives by the Ministry of Road Transport and Motorways, such as resolving the impasse in national motorway (NH) projects, introducing a concept of mutual partitioning of the agreement, harmonious substitution of the concessionaire, etc.,“ he said. . .