Decoding the Force Majeure Clause in a business contract

Due to the uncertainty brought on by the COVID-19 outbreak, businesses in India and throughout the world are unable to fulfil their contracts. Oil refineries and the airports in Delhi and Mumbai in India have cited the “Force Majeure” provision and are asking the Airport Authority of India to waive their payments as a result. …

Essential Contract Clauses for every Business Contract

Business contracts initially seem to be similar to other types of contracts. These contracts, like other types of contracts, are written commitments where one party provides a good or service to another in return for a benefit. When drafting business contracts, there are a few things you should watch out for. The foundation of every …