A three-day training workshop on 'Contract Law, Negotiations and Management' has commenced at the National Institute for Research and Development of Defence Shipbuilding (NIRDESH) at Chaliyam in Kozhikode. The workshop, being organised by Goa Shipyard Limited, began yesterday with lectures conducted by eminent faculty members of reputed law schools. Twentyfive participants from Mazagon Dock (Mumbai), Cochin Shipyard (Kochi), Goa Shipyard (Goa), Garden Reach Shipbuilders (Calcutta) and Hindustan Shipyard (Visakhapatnam) are partcipating in the workshop, a press release here said.
Inaugurating the workshop, Dr R Venkata Rao, Vice Chancellor of National Law School of India University, Banagalore, urged the participants to develop Nirdesh into a place of great ideas so that the aim of indigenous shipbuilding capabilities could be achieved.
He stressed on the importance of contracts as tools for doing good business and extended all cooperation from National Law School to Nirdesh. Lectures are being conducted by Dr O V Nadimath, Professor of Law and Regstrar of the National Law School of India University, Bangalore and Dr V Nagaraj, Vice Chancellor, National Law University, Odisha, Orissa.
Participants will be introduced to Contract Law and a number of case studies will be discussed to bring out the importance of sound contracts. Important contract clasues such as arbitration, reconceliation, payment terms, force majure would also be touched upon. Senior Managers at the level of General managers who are required to negotiate, frame and manage contracts are participating in the workshop.
Since they manage defence related contracts with foreign firms, special stress is being given at the workshop on International, Defence related contracts. Common errors committed while preparing contracts, national policies that govern military contracts, defence purchase procedures etc. will be covered at the workshop.
Nirdesh aims to achieve complete self reliance in the strategic areas of R&D, Technology Development, Design and Skill Development leading to indigenous construction of warships, Submarines and related platforms.


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