| Programme Detail |
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FOR :
The programme is intended for middle and senior level managers in private and public sector organizations implementing contracts in the fields of production, services, construction and fabrication, infrastructure development, materials, and sales and distribution. The programme is open for medium and large organizations.
CONTENTS:
The programme will cover the following themes:
* Formation of contract, including offer, acceptance, and consideration
* Standard bid documents and award of tenders
* Condition, warranty, merchantability and quality of goods
* Transportation, delivery and Incoterms
* Letter of credit, bank guarantee and performance guarantee
* Impossibility of performance (force majeure clause)
* Breach, termination, damages and liquidated damages
* Arbitration and dispute resolution
* Significance and application of exemption clauses
* Contracts and taxation.
Drafting the terms of a contract or designing and amending General Conditions of Contract (GCC) is a specialised function and must be done by law persons. Seemingly insignificant modifications in the terms of a contract can have severe implications. The programme is not intended to, nor is it possible, to make law specialist out of managers to undertake amending and drafting terms of acontract. The objective of the programme is to understand the significance of the existing terms of contracts.
PEDAGOGY :
The programme will employ a mix of case studies and discussion, participatory exercises, and lectures.
FEE :
To be announced
COORDINATOR :
Akhileshwar Pathak |
| About Organisation |
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Set up by the Government of India in collaboration with the Government of Gujarat and Indian industry as an autonomous institution in 1961. The Institute provides education, training, consulting, and research facilities in management. |
