KartavyaDesk

Is the 60-day period for refunding the performance security mandatory?

GeneralNONCONSULT_MANUALPara 9.2.5

Yes, the performance security should be refunded within 60 days of completion of all contractual obligations, including warranty periods.

Source: NONCONSULT_MANUAL Para 9.2.5

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This answer is for informational purposes only and does not constitute legal advice. Always refer to the original rules and consult competent authorities for official interpretation.