2. The owners undertake to start construction within a fortnight of the execution of these gifts and the construction work at the end or before the expiry of the …………… months from the date of execution of these gifts in accordance with the plans duly approved and sanctioned by the Municipal Society of …………………. The specifications and conditions in Schedule A are included. This agreement was made under ………………. thereupon…………. Day of …………… 2000, between Shri……………… S/o………………….
Residence of ……………………… (hereafter referred to as “owner”, which is the expression, unless it is repugnant in the context or its importance, its heirs, legal representatives, executors and administrators) of the ONE PART and of M/s ABC Builders – Contractors, a social company registered under the Partnership Act of 1932 and headquartered in ………… (hereafter referred to as “owners,” whose expression is repugnant to the context or importance of this society, for which, for the time being, each partner of that company, survivors or survivors, or legal representatives, executors or administrators of the other party`s last survivor. Owners compensate the owner for all claims, damages or charges to be paid as a result of an injury to an employee, a worker, a nominee, a guest in or on the premises mentioned. Owners are also responsible for damage to buildings, whether directly adjacent or otherwise, and for any damage to roads, roads, trails, bridges or trails, as well as any damage to buildings, and work that is the subject of this contract by frost, rain, wind or other weather. 7. If the contractors abandon the contract or do not start work or suspend the progress of the work for 14 days without a legal excuse under these conditions, or do not continue the work with due diligence and do not make the necessary progress, to complete the work within the agreed time frame or not to remove materials from the site or works for seven days after receiving the architect`s written notification, that the materials or works mentioned were defective and rejected or stubbornly neglected by the aforementioned architect to respect and carry out all the necessary acts, materials or objects in this contract that must be respected and executed by the owner for seven days after written notification. , and the architect certifies this effect to its owner, then, and in each of the cases cited, the owner may, after seven days of notification by the aforementioned architect, terminate in writing the license for the benefit of the owners and to the extent that it is the completion of the remaining works, but without affecting the powers of the architect, or the obligations and commitments of the owners, all of whom remain in force, as if this agreement had not been established.