Monday , October 25 2021

CONCOR signs settlement agreement with Kohinoor India

Container Corporation of India (CONCOR) and Kohinoor India have signed a Settlement Agreement on November 20, 2019. Under this Agreement, the company has already made full and final settlement with Kohinoor India by making a total payment of Rs 9,18,933.

The parties have also undertaken that they shall not file any other claim/ suit/ petition in any Court with respect to the dispute.

CONCOR is a Public Sector Undertaking, under Ministry of Indian Railways which was incorporated in March 1988 under the Companies Act, and commenced operation from November 1989 taking over the existing network of 7 ICDs from the Indian Railways.

Please share this news
<div id="taboola-below-article-thumbnails"></div>
<script type="text/javascript">
  window._taboola = window._taboola || [];
  _taboola.push({
    mode: 'thumbnails-a',
    container: 'taboola-below-article-thumbnails',
    placement: 'Below Article Thumbnails',
    target_type: 'mix'
  });
</script>