Legal review of procedures. Vd Bid evaluation and negotiation and finalization of contracts, agreements and memoranda of understanding. Legal review of bids. Contract signature, and approval for f ormal completion . Ve Formal closure.
Auditors certify accounts.
Formal supply of immediate warranties and undertakings as agreed. Formal incorporation, and formulation of Memorandum and Articles. Settlement of liabilities if agreed. Listing compliance etc Vd Receipt of payment, and establishment of security for deferred payment. Physical hand-over of assets, subject to contractual conditions.