MoU and Collaboration

Aims/Goals

A Memorandum of Understanding (MOU) is required of an agency when an application for funds includes an explicit non-financial collaboration with partnering organizations. The MOU provides documentation that demonstrates the organizations have consulted and coordinated the responsibilities of their grant activities.

Objectives

  • To disseminate the information regarding the need of entering into collaboration with other higher education institutions, industry and the like, to all the departments of the college so as to ensure the entire college in heart and spirit tries to network with other institutions and industry and grow together.
  • To document the details of the MOU entered by the various departments.
    • TENURE AND RENEWAL OF THE MOU: The understanding should initially be for a period of two years and shall be renewed on the mutual consent of both the institutions.
    • CTERMINATION OF MOU: This understanding can be terminated in writing with the mutual consent of both the institutions.
      Oral and/or implied termination will neither be effected, nor alleged at any point of time by any of the incumbent college under any circumstances whatsoever.
    • ARBITRATION:
      • In case of any dispute concerning this understanding, the same shall be tried to be resolved in mediation through the respective representatives of this understanding or any person nominated by them, in their joint mediation.
      • All disputes and differences arising out of this understanding, if not settled in mediation, shall be resolved in Arbitration before a sole Arbitrator to be jointly nominated by the parties herein to that effect upon mutual discussion and in terms of the provisions of THE ARBITRATION AND CONCILIATION ACT ,1996 (As amended till date). The proceedings before the arbitrator shall be in English.
      • The sole Arbitrator to be nominated by the parties under this agreement shall be a qualified Indian National. Persons having previous experience of adjudication of disputes arising under similar agreements shall be given preference while selecting the Arbitrator.
      • The laws of India shall be followed while adjudicating the disputes under this understanding.
      • The venue of the Arbitration shall be decided by the parties with mutual consent.

Composition

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