Dear all,
Could any one tell me what is a PERMITTED ASSIGNMENT ????? And how is it different from ASSIGNMENT ??
Regards,
Sagnik Sanyal
Sagnik (Management Trainee) 24 July 2012
Dear all,
Could any one tell me what is a PERMITTED ASSIGNMENT ????? And how is it different from ASSIGNMENT ??
Regards,
Sagnik Sanyal
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 24 July 2012
It is A boilerplate clause that allows both parties to a commercial contract to assign or otherwise transfer their rights under the contract, and also to subcontract or transfer their obligations under the contract.
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