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This is a platform that connects the citizen with the state and academia. We try to create a dialogue on the technicalities of law, politics and economics in understandable terms. Follow us on LinkedIn for interesting insights & updates.
COVID-19, Force Majeure and Frustration of Contracts
The Bridge Project Podcast
22 minutes 53 seconds
5 years ago
COVID-19, Force Majeure and Frustration of Contracts
EPISODE 9: There is an outbreak of COVID-19 in the world, declared as a global pandemic by the World Health Organization. This has affected over 180 countries resulting in severe market disruptions due to complete lockdowns in severly affected countries. Companies, businesses have been invoking force majeure clauses of their contracts. In this episode we are going to discuss: 1. What is a force majeure clause? 2. What happens when an event is not covered by the force majeure clause? 3. What is the doctrine of frustration and which Indian statutory provision covers that? 4. What is the impact of the frustration of a contract? 5. Can commercial hardship be a ground to frustrate a contract?
The Bridge Project Podcast
This is a platform that connects the citizen with the state and academia. We try to create a dialogue on the technicalities of law, politics and economics in understandable terms. Follow us on LinkedIn for interesting insights & updates.