National Law School signs MoU with HAL

Updated on: Wednesday, April 18, 2012

Hindustan Aeronautics Ltd said it has signed an MoU with National Law School of India University (NLSIU) for establishment of HAL Defence Public Sector Chair in Business Laws at the HAL Management Academy here.

R Venkata Rao, Vice-Chancellor, National Law School of India University, and A K Mishra, Director, Finance, Hindustan Aeronautics Limited, signed the MoU, HAL said in a statement.

Besides providing training on International Business Contracts Management to HAL executives, the MoU is expected to enable capability building of HAL's contract management system, it said.

The HAL Chair Professor of NLSIU will engage in research pertaining to relevant areas of business laws relating to Defence Public Sector procurement, it said.
 
"The MoU will facilitate development of a platform of Defence Public Sector Community for Contracts and Business Laws and build a knowledge data base for Defence Public Sector Undertakings in general and HAL in particular", the statement said.

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