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No firm blacklisted for misconduct in defence deals in 3 years: Parrikar

Parrikar said that business dealings have been suspended or put on hold in respect of 13 firms

Press Trust of India  |  New Delhi 

No firm or entity has been blacklisted for misconduct or wrongdoing in defence deals in the last three years, Defence Minister Manohar Parrikar said on Friday. He, however, said six firms have been debarred from carrying out further business dealings with Ministry of Defence for a period of 10 years. "This was further made applicable to all allied/subsidiary firms of each of the debarred firms until further orders or until such time as the order of debarring of the firm subsists, whichever is earlier," he informed the Lok Sabha during Question Hour. The ...

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No firm blacklisted for misconduct in defence deals in 3 years: Parrikar

Parrikar said that business dealings have been suspended or put on hold in respect of 13 firms

Parrikar said that business dealings have been suspended or put on hold in respect of 13 firms No firm or entity has been blacklisted for misconduct or wrongdoing in defence deals in the last three years, Defence Minister Manohar Parrikar said on Friday. He, however, said six firms have been debarred from carrying out further business dealings with Ministry of Defence for a period of 10 years. "This was further made applicable to all allied/subsidiary firms of each of the debarred firms until further orders or until such time as the order of debarring of the firm subsists, whichever is earlier," he informed the Lok Sabha during Question Hour. The ... image
Business Standard
177 22

No firm blacklisted for misconduct in defence deals in 3 years: Parrikar

Parrikar said that business dealings have been suspended or put on hold in respect of 13 firms

No firm or entity has been blacklisted for misconduct or wrongdoing in defence deals in the last three years, Defence Minister Manohar Parrikar said on Friday. He, however, said six firms have been debarred from carrying out further business dealings with Ministry of Defence for a period of 10 years. "This was further made applicable to all allied/subsidiary firms of each of the debarred firms until further orders or until such time as the order of debarring of the firm subsists, whichever is earlier," he informed the Lok Sabha during Question Hour. The ...

image
Business Standard
177 22