Indemnity agreements play a crucial role in mitigating risks and uncertainties in business transactions in India. However, the enforcement of…
Contracts
The moratorium prescribed by the Insolvency and Bankruptcy Code, 2016 (IBC) stands as a crucial element in the resolution process…
The present article explores the existing Contractual Law in India, for provisions dealing with the affect the present pandemic on existing contractual liabilities, while also suggesting possible legislative interference to balance the principle of sanctity of contracts, with the need to protect parties who are forced to perform their obligations under dire commercial stress.