The No Claim Certificate form serves as a critical document in the realm of contractual agreements, especially within the construction sector. It essentially acts as a formal declaration by a contractor that they have received the agreed upon payment from their client, in this case, designated as Krishak Bharati Cooperative Limited, for works completed at a specified location, here mentioned as KRIBHCO plant/Township at Hazira near Surat, Gujarat. By signing this document, the contractor unequivocally acknowledges the receipt of full and final settlement for all dues under the terms of the contract, thereby affirming that no further claims or disputes exist over the payment for services rendered. This certificate further solidifies the contractor's commitment to adhere to the original terms and conditions of the contract post-payment. Such forms play a pivotal role in ensuring transparency and finality in contractual transactions, helping to prevent future legal disputes by clearly stating that all financial obligations have been met to the satisfaction of both parties involved.
| Question | Answer |
|---|---|
| Form Name | No Claim Certificate Form |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | army no risk certificate pdf download, no claim certificate for army pdf, no claim certificate for property by advocate format, no claim certificate |
NO CLAIM CERTIFICATE
RECEIVED the sum of Rs. _____________ (Rupees _____________________
__________________________________only) in full and final settlement of all
the payments due to us for the construction of __________________________
_____________________________ at KRIBHCO plant/Township at Hazira near
Surat, Gujarat, executed by us under the contract agreement between us and Krishak Bharati Cooperative Limited including all amounts payable to us as per the agreement. We hereby unconditionally and without any reservation whatsoever certify that with this payment, we shall have no claim whatsoever of any description, on any account whatsoever from Krishak Bharati Cooperative Limited, against aforesaid job executed by us. We further declare unequivocally that with this payment we have received all the amounts payable to us and have no dispute of any description whatsoever regarding the amounts worked out as payable to us and received by us and that we shall be continued to be bound by the terms and conditions of the agreement as regards performance of the contract.
Name of the Contractor :_________________
_____________________________________
Signature :____________________________
Name & Stamp :________________________
Date :____________
Place :___________