Covid-19 being a natural calamity and not having been caused due to actions of any party under a legal contract/agreement shall be treated as Force Majeure for a specific period of time or till the prevalence of lockdown, as and when the same shall be imposed by the Government.
Tag: Force majeure clause
MahaRERA: Force Majeure clause is no more a defense for the builders
The Maha RERA authority has ordered builder cannot take the defense of force majeure clause for financial crisis and lack of approvals in any project.
RERA: What if force majeure clause taken as a defense by the builders
The builders are taking force-majeure clause in the agreement as an excuse to escape their liabilities and get rid of the demanded claims.