Due to the uncertainty brought on by the COVID-19 outbreak, businesses in India and throughout the world are unable to fulfil their contractual performances. Oil refineries and the airports in Delhi and Mumbai in India have cited the “Force Majeure” provision and are asking the Airport Authority of India to waive their due payments as …
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Consider for a moment that your company has signed a poor contract. Due to their overwhelming workload, many small business owners neglect to carefully review contracts. Others discover that a persistent salesperson is pressuring or coercing them into signing a deal. In either case, the company owner feels the need to void a contract. Can …
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Business contracts initially seem to be similar to other types of contracts. These contracts, like other types of contracts, are written commitments where one party provides a good or service to another in return for a benefit. When drafting business contracts, there are a few things you should watch out for. The foundation of every …
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Many contracts are a part of daily life in the modern era when globalisation and industrialization are at their height. Employment contracts are the most typical of these agreements. Employment terms and conditions are outlined in employment contracts. These days, the non-competition provision is one of the frequent clauses found in most employment contracts. In …
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