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This document is an agreement between Ola Electric Mobility Limited and ICRA Limited to monitor the use of gross proceeds from an initial public offering in accordance with applicable laws and regulations.
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How to fill out monitoring agency agreement

01
Start by heading to the monitoring agency's website or obtain their official template form.
02
Fill out the basic information, including your name, address, and contact details.
03
Provide details of the monitoring agency, such as their name, address, and contact information.
04
Clearly define the scope of monitoring services needed, specifying what aspects will be monitored.
05
Establish the duration of the agreement, including start and end dates.
06
Include payment terms, outlining how much will be paid and when.
07
Specify any confidentiality agreements or data protection provisions.
08
Review the terms and ensure mutual agreement from both parties.
09
Sign and date the document, ensuring both parties retain a copy.

Who needs monitoring agency agreement?

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Organizations requiring external monitoring for regulatory adherence.
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A monitoring agency agreement is a legal document that establishes the terms and conditions under which a designated agency will monitor certain activities, compliance, or behaviors, typically in relation to regulatory requirements or contractual obligations.
Entities subject to regulatory oversight or contractual obligations that require ongoing monitoring, such as businesses, financial institutions, or organizations involved in compliance activities, are generally required to file a monitoring agency agreement.
To fill out a monitoring agency agreement, you typically need to provide the names and contact information of the parties involved, describe the scope of monitoring, specify the duration of the agreement, and outline the responsibilities of each party, including any reporting requirements.
The purpose of a monitoring agency agreement is to clearly define the roles and responsibilities of involved parties to ensure that all regulatory requirements are met, maintain compliance, and provide a framework for oversight, accountability, and reporting.
The information that must be reported in a monitoring agency agreement typically includes the scope of monitoring activities, progress reports, findings related to compliance, notifications of any violations, and any corrective actions taken or needed.
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