COVID-19 a Force Majeure event  justifying termination of lease deed: Arbitral Tribunal
Force Majeure Contract

COVID-19 a Force Majeure event justifying termination of lease deed: Arbitral Tribunal

COVID-19 pandemic has upset the very foundation upon which he parties entered into the lease deed, the Tribunal said that it declared the termination of lease valid and sustainable.

A three-member arbitral tribunal has ruled that COVID-19 is a Force Majeure event which justified the termination of a lease deed.

Want to read the full story?

We’re glad you’re enjoying this story. Subscribe to any of our plans to continue reading the story.

Already have an account? Login
No stories found.
Bar and Bench - Indian Legal news
www.barandbench.com