Corporate Alert – FAQs – Impact of COVID-19 on Contractual Obligations April 12, 2020
Disclaimer: While every care has been taken in the preparation of these FAQ’s to ensure its accuracy at the time of publication, Vaish Associates Advocates assumes no responsibility for any errors which despite all precautions, may be found therein. The material contained in this document does not constitute/substitute professional advice that may be required before acting on any matter.
As you are aware that COVID-19, is a global pandemic. The Government of India, announced a nationwide lockdown with a view to ensure that the spread of this deadly virus is contained through social distancing. The lockdown is proving to be a good move, however, it has had an impact on businesses and the economy.
We have received several queries regarding the impact of COVID-19 on contractual obligations arising out of business dealings, and also about the practical remedies available to businesses.
Our team has therefore, prepared the FAQs dealing with some of the concerns relating to the impact on business. To read all FAQs, click at Download Newsletter.
Hope you find them useful. In case of any query, please reach out to us.
We wish you all the best, stay safe and healthy.
For any further queries or follow up please contactDOWNLOAD NEWSLETTER