Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the consequences of non-supply of material?

April 26, 2017consequences material

0

10 Posted

What are the consequences of non-supply of material?

1 Answer

0

10 Posted

Every contract is enforceable in the court of law.Failure of the supplier attracts the following action by the purchaser. 1. Fresh purchase of the material at the risk and cost of the defaulter. 2. Recovery of RP loss or general damages from the defaulter. 3. Advise to NSIC regarding the failure. 4. Banning business with Railways. 5. Advise to other Railway purchase agencies for similar action.