Declaration of force majeure by companies and individuals to seek rent waivers or delay other payment obligations amid the Covid-19 lockdown is unlikely to be
Tag: majeure
Oyo invokes ‘force majeure’ clause on agreements of hotel owners
NEW DELHI: Softbank-backed Oyo has shot off a letter to hotel owners invoking ‘force majeure’ clauses on their agreements as the Covid-19 pandemic has severely
covid-19 impact: Shuttered buyers send force majeure notices to energy companies
New Delhi: Energy companies are flooded with force majeure notices from customers as the lockdown has shuttered factories and commercial establishments, destroying fuel and electricity
Eicher Motors’ Royal Enfield invokes force majeure clause to select vendors
MUMBAI: Eicher Motors, the maker of Royal Enfield brand motorcycles, has suspended payments to a few of its suppliers, invoking what is known as the