Govt Updates List Debarred And Suspended From Doing Business

Govt updates list debarred and suspended from doing Business

New Delhi, Nov 14, : , The Defence Ministry has updated the list of companies that have been debarred, placed on hold, or suspended from doing business in relation to the MoD.
According to an order by the Vigilance Department of Ministry of Defence, this is in accordance with MoD Guidelines for penalties in Business Dealings.This is according to a Vigilance Department of Ministry of Defence order.

 Govt Updates List Debarred And Suspended From Doing Business-TeluguStop.com

The six debarred firms are Singapore Technologies Kinetics Ltd (STK), Israel Military Industries Ltd.(IMI), T.S.Six debarred companies are Singapore Technologies Kinetics Ltd.(STK), Israel Military Industries Ltd.(IMI), and T.S.Kisan & Co.Pvt.Ltd., New Delhi, R.K.Machine Tools Ltd., Ludhiana, Rheinmetall Air Defence (RAD), Zurich and Corporation Defence, Russia.Ltd., New Delhi; R.K.Machine Tools Ltd.Ludhiana, Rheinmetall Defense (RAD), Zurich, and Corporation Defence, Russia.

The 13 companies that are suspended or put on hold by MoD are IDS, Tunisia, Infotech Design System (IDS), Mauritius, IDS Infotech Ltd, Mohali, Aeromatrix Info.IDS, Tunisia Infotech Design System IDS (IDS), Mauritius IDS Infotech Ltd Mohali Aeromatrix Info are the 13 companies being suspended by MoD.Soiution Pvt Ltd, Chandigarh, Shanx Oceaneering, Inter Spiro India Pvt Ltd, Experts Systems, Unitech Enterprises, Kelvin Engineering, Atlas group of companies including Atlas Telecom and Atlas Defence Services, Offset India Solutions (P) Ltd.and its group companies and functionaries, Pilatus Aircraft Ltd, Switzerland and Vectra Advanced Engineering.Soiution Pvt Ltd Chandigarh Shanx Oceaneering Inter Spiro India Pvt Ltd Experts Systems, Unitech Enterprises Kelvin Engineering, Atlas Telecom, Atlas Defence Services, Offset India Solutions(P) Ltd.with its group companies, functionaries, Pilatus Aircraft Ltd., Switzerland, and Vectra Advanced Engineering.

Two companies restricted from procurement are Rolls Royce and its allied and subsidiary companies and Tatra Trucks of Czech Republic.

Rolls Royce, its allied companies and subsidiaries and Tatra Trucks in the Czech Republic are two companies that are not allowed to purchase.

Business dealings with SARR Freights Corporation and associated/allied Firms were suspended vide MoD order dated 19.02.2021.MoD Order dated 19.02.2021.Stopped business dealings with SARR Freights Corporation or associated/allied firms

High Court of Delhi, in a case relating to Department of Defence Production, vide order dated 25.05.2021 stayed the operation of MoD order till 31.08.2021.High Court of Delhi in a case related to Department of Defence Production vide order dated 25.05.2021 stopped the operation of MoD orders until 31.08.2021.

Further, the High Court vide directions dated 31.08.2021 has extended the stay till next date of hearing i.e.In addition, the High Court issued directions dated 31.08.2021 extending the stay until the next hearing date, i.e.07.01.2022.

Sources said Leonardo is now officially out of the list of suspended companies.Sources claim that Leonardo has been officially removed from the list of companies suspended.

Leonardo has given a letter withdrawing their claims of 350 million euros on the cancelled Augusta order.Leonardo has withdrawn their claims for 350 million euros in damages arising from the Augusta order cancelled.

This will now allow Leonardo to participate in heavy weight torpedo program for P75 submarines naval radars and naval turrets currently coming up as tenders.This will allow Leonardo to take part in the heavy weight torpedo programme for P75 submarines naval radars, and naval turrets that are currently being offered as tenders.

san/pgh #debarred #suspended #Delhi

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