IMPLICATIONS OF COVID-19 ON COMMERCIAL CONTRACTS:


With COVID-19 causing catastrophic disruptions to the Indian economy and the ongoing lockdown in the Nation, it’s difficult to ascertain how the things will unfold and the time it will take for the Economy to stabilize. 

 

In such a scenario, the execution of Business & Commercial contracts have become a challenge resulting in:

 

·        Delayed performance of Contract

·        Non-performance of whole or part of Contract

·        Rescindment of Contracts

·        Renegotiation of terms of Contract

·        Enforcement of force majeure clause




We at Corporate Professionals, are available to assist you and advise you in every such situation by offering the following services:

1.  Legal Vetting of Contracts including assessing and analyzing the Client’s rights and obligations under the Agreement;
2. Assessing liabilities of the Client in case of breach of obligations under an Agreement;
3.   Advisory on provision of Force Majeure, their applicability and the extents;
4. Legal Advisory w.r.to Termination of Contracts and Alternative Dispute Resolution Mechanisms;
5.   Other legal drafting and documentation services

To seek legal advisory and avail any of the above legal services, please feel free to get in touch with:

Ms. Deepika Vijay Sawhney
Partner
Corporate Professional
9818316936
deepika@indiacp.com

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