Friday, April 17, 2020

What is force majeure? The legal term everyone should know during Covid-19 crisis

Source: Economic Times dated 17.04.2020

-- Poorvi Sanjanwala (Partner, Rajani Associates) and Kashmira Bakliwal (Senior associate, Rajani Associates)

Apart from the devastating impact that COVID-19 continues to unleash on human beings and countries worldwide, its outreach has also reached commerce and business. COVID-19 has resulted in lockdowns or restricted movements in countries.

Consequently, businesses have been impacted and so have operations and consequently contracts and obligations under contracts are being revisited to assess these impacts. The term that has assumed relevance in contractual context today for businesses today ..

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