Indian finance ministry announced COVID- 19 to be included under Force Majeure Clause. Because of this, now companies will not be bound to follow Indian Contract Act. In this episode of Aasan Bhasha Mein, we explore what is Force Majeure Clause that allows companies to get out of legal contracts. Like the Adani Group recently refused to carry on the maintenance of Lucknow, Ahamedabad and Mangaluru airports despite being bound by a contract with the Airports Authority of India.
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Produced By: The Lallantop
Edited By: Tarun Mahendru
