Force majeure enabled for 'war'-hit contracts: Govt procurers to grant case-by-case extensions, only for firms that hadn’t defaulted by Feb 27The finance ministry has authorized force majeure for govt contracts impacted by the West Asia conflict, treating it as war. This offers re...
02 May, 2026, 06.05 AM IST
MSMEs seek force majeure relief amid Gulf war disruptionsSmall businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to g...
07 Apr, 2026, 09.32 AM IST
NHAI assures fuel, bitumen supply for developers amid Middle East tensionsHighway developers received assurances from NHAI regarding essential material supply. The ongoing Middle East conflict raises concerns abou...
07 Mar, 2026, 01.12 AM IST
Gujarat Gas shares crash 7% after force majeure notice as US-Iran war enters day sixGujarat Gas share price: Gujarat Gas shares plunged 7% after it issued force majeure notices to industrial customers as the US-Iran war dis...
05 Mar, 2026, 09.36 AM IST
Petronet LNG shares crash 8% after issuing force majeure notices amid Middle East hostilitiesPetronet LNG crashed 8% after it issued a force majeure notice to QatarEnergy due to supply disruptions from Middle East hostilities, preve...
04 Mar, 2026, 09.18 AM IST
Force Majeure: How successful has the law been post Covid in IndiaLaw relating to force majeure is quite settled and one requirement of law that when the contract itself provides for the force majeure and ...
24 Apr, 2021, 11.04 AM IST
What is force majeure? The legal term everyone should know during Covid-19 crisisThe term that has assumed relevance in contractual context today for businesses is “force majeure”.
20 Oct, 2020, 12.55 PM IST
Lending only to HFCs and NBFCs we are most comfortable with: Federal Bank‘I do not have a blank cheque which anybody can come and take’
29 May, 2020, 05.15 PM IST
MahaRERA invokes force majeure to provide relief till September 15Experts say developers should not use the provision to delay rent to buyers in redevelopment projects.
20 May, 2020, 10.34 AM IST
Adani Gas invokes ‘force majeure’ amidst Covid-19 lockdownThe Gautam Adani-led utility firm that sells piped natural gas (PNG) to households and compressed natural gas (CNG) for vehicles hopes to m...
09 May, 2020, 03.37 PM IST
Companies prefer pre-litigation mediation to force majeureCompanies in the manufacturing, services and real estate sectors, in particular, are looking at mediation to end disputes with suppliers, v...
01 May, 2020, 06.39 AM IST
Courts unlikely to interfere on force majeure basis, says Abhishek SinghviAs a general rule, there is nothing better than mediatory and conciliatory settlement. Never has this been truer than during Covid-19 times...
22 Apr, 2020, 08.17 AM IST
Real estate agents focus on reskillingWith no commercial or residential deals closing due to the lockdown, agents are keen to learn about the intricacies of social media marketi...
15 Apr, 2020, 12.04 PM IST
Power companies explore legal options in payment clauseThe Central Electricity Regulatory Commission (CERC) in the Friday order decreased late payment surcharge (LPS) payable by discoms to gener...
04 Apr, 2020, 09.13 AM IST
Discoms can't invoke force majeure: GencosLockdown no excuse as it doesn’t impact utilities, say power producers. The Central Electricity Regulatory Commission is expected to issue ...
03 Apr, 2020, 07.58 AM IST
Government decides to factor in indexed imported coal prices into UMPPsThis will safeguard companies against unexpected changes in fuel costs that have adversely impacted the existing UMPPs based on imported co...
28 Oct, 2016, 12.40 AM IST
Aptel lets Tata, Adani Power recover higher fuel costsTata Power and Adani Power stand to benefit as the Appellate Tribunal for Electricity (Aptel) has allowed their imported coal-based power p...
08 Apr, 2016, 05.49 AM IST