R & B Infra Project Ltd

No strengths available.

The company require certain approvals and licenses in the ordinary course of business and are required to comply with certain rules and regulations to operate its business, and the failure to obtain, retain and renew such approvals and licences in timely manner or comply with such rules and regulations or at all may adversely affect its operations.

The Company, its Promoter/Director and its Group Companies are paties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

The income-tax authorities have conducted searches at the premises of the Company and its Promoter /Director. Any adverse outcome of the searches would have an adverse effect on the operations and reputation of the Company, which in turn could have an adverse impact on its business, financial condition and results of operations.

Most agreements that the company has entered into in connection with its business contain a penalty or liquidated damage clause for delay in the completion of a project that takes effect should the completion of a project be delayed.