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WHAT IS FORCE MAJEURE
Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
STT, Tata Delhi data centre fire leaves clients fearing decades of data lost; Google hitA devastating fire at a New Delhi data centre, a joint venture between ST Telemedia and Tata Communications, has crippled Google Cloud serv...
Tata unit says 'extensive damage' from fire at Delhi data centre hampers recoveryA devastating fire at a New Delhi data center, co-owned by Singapore's ST Telemedia and India's Tata Communications, has caused extensive d...
Tenant or landlord: Who is responsible for repairs in a rented home? Here's what the law sayWho pays for repairs in a rented home? A leaking tap, damaged wall or broken fitting can quickly turn into a dispute between tenants and la...
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 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....
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...
Can builders invoke force majeure clause to delay possession? Know what RERA saysReal estate developers can use "force majeure", or situations beyond their control, to justify inordinate delays in giving possession to ho...
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”.
Govt must bring in Covid-specific law to provide relief to lockdown-affected sectors: Harish SalveSalve was speaking on “Force Majeure – Impact on Contracts and Commerce” at a webinar conducted by the Bennett School of Law. The senior ad...
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...
Eicher Motors' Royal Enfield invokes force majeure clause to select vendorsThe move reflects the acute distress the industry is going through after a nationwide lockdown forced by the Covid-19 virus outbreak result...
- A force majeure clause is quite critical in commodity contracts
The event and the causal connection must be outside the control of the parties and should typically be seen as ‘unforeseeable’ and ‘impossi...