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WHAT IS FORCE MAJEURE
Bundled vs standalone travel insurance: Which works best for your trip? Comparing costs, coverage, and claimsSince both serve specific purposes and needs, pick the one that suits your travel itinerary and circumstances- West Asia crisis: Drone industry lauds govt's no-penalty relief for disrupted contractsThe Indian drone industry has received timely relief. The government has recognized the West Asia situation as a Force Majeure. This allows...
- Gulf states in limbo as US-Iran crisis drags onGulf nations grapple with war and peace as Iran's Strait of Hormuz blockade cripples energy exports. Infrastructure damage requires extensi...
- Sensex jumps 1,300 points in three days ahead of Iran war ceasefire expiry: 4 key factorsIndian benchmark indices Sensex and Nifty surged nearly 1% on Tuesday, extending gains for a third consecutive session. Cooling oil prices,...
- Sensex rises over 700 points, Nifty tops 24,550 as investors eye Iran-US peace talks. What lies ahead?Indian stock markets traded higher on Tuesday. The Sensex and Nifty saw gains as investors anticipated peace talks between Iran and the US....
- Guzzlers out, firms switch to lighter canteen menusCorporate canteens across India are facing an LPG supply crunch. This is increasing costs and disrupting kitchen operations. Large food ser...
- HDFC Bank, IT majors, and chemical stocks: Where Aditya Shah is hunting for value right nowGlobal markets face uncertainty due to trade tensions and geopolitical issues. Aditya Shah of Hercules Advisors advises investors to study ...
- From falling U.S. wealth to Indian factory closures, oil shock raises global recession riskGlobal markets face turmoil as war in Iran disrupts oil supplies. Businesses worldwide report soaring costs for raw materials. Plastic bag ...
- India’s Russian oil imports surge 90% amid Hormuz disruptionIndia's oil imports from Russia saw a significant 90% jump in March. This occurred as overall oil imports dropped due to supply issues in W...
- From Red Sea to Hormuz: Why MSMEs must rethink risk coverGeopolitical risks are now a business reality for Indian MSMEs. Conflicts disrupt supply chains and trade routes, causing significant finan...
- India urea plants at half capacity as West Asia tensions choke gas suppliesIndia's urea production is halved as liquefied natural gas supplies face disruptions. Force majeure declarations have impacted deliveries, ...
- What does force majeure mean? Why Bahrain’s Bapco declared it amid rising crude oil prices and can it disrupt the global oil supply?Bahrain's state oil company, now under Bapco Energies, has declared force majeure for its shipments after an Iranian attack set its refiner...
- Word of the day: Force MajeureForce majeure is a legal term used in business contracts. It talks about sudden and uncontrollable events like war, floods, earthquakes, or...
- In crypto world, the hacker is GodWhen a cyber villain affects a system, it's as unstoppable as an earthquake or pandemic. Traders, for example, who have had their cryptocur...
- 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 ...
- 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”.
- 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.
- 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...
- Force majeure clause won't apply to coronavirus death claims in life insurance policiesThe Council also confirmed that the clause of ‘Force Majeure’ will not apply in case of COVID-19 death claims. This step was taken to reass...
- A force majeure clause is quite critical in commodity contractsThe event and the causal connection must be outside the control of the parties and should typically be seen as ‘unforeseeable’ and ‘impossi...
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