- TypeWebinar
- Location Mumbai, Maharashtra, India
- Date 25-04-2020
Security/Law Enforcement/Legal Services
With the imposition of quarantine, production bans and city-wide lockdowns, COVID-19 is turning out to be a twin-fold pandemic. Something that started affecting public health, soon spread throughout the economy and the supply chains it is dependent on. Coronavirus continues to impact business and has forced major disruptions for majority industries within India. The extraordinary "Force Majeure "clause of the Indian Contract Act is becoming increasingly pertinent, and finding a solution to this chaos isn't trouble-free.
In this Global Health situation, it is wise for businesses to review their contracts underlying their commercial relationships. What happens when a contract cannot be fulfilled within the prescribed time or at all because of the pandemic? Will the changes in Government policies on lockdown impact time-bound contracts? Is the outbreak of COVID-19 a force majeure situation?
Register today at https://www.transformancebs.com/Force-Majeure
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