Foundation Tutorials
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16/04/2023
Proud to be an Indian!
Credit About India
What is Force Majeure?
A common clause in a contract that essentially frees the parties to a contract from the obligation to fulfill their duties under the contract when an extraordinary event or scenario beyond the control of the parties occur. Example : War, riots, famines, strikes, a major crime, epidemic or 'An act of God' - say, flood, earthquake, volcanic eruption and so on. Important to note : Most 'force majeure' clauses do not excuse a party's non-performance entirely, but only suspend it for the duration of the 'force majeure'. The current situation of Covid-19 is considered as an epidemic and hence have invoked 'Force Majeure' for many contracts.
13/04/2020
We expect the govt. to think over it..
Amartya Sen writes: Overcoming a pandemic may look like fighting a war, but the real need is far from that Amartya Sen writes: Tackling a social calamity is not like fighting a war which works best when a leader can use top-down power to order everyone to do what the leader wants — with no need for consultation. In contrast, what is needed for dealing with a social calamity is participatory governance ...
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