In this article, the author attempts to bring clarity to the issue concerning the entitlement of tenants to seek waiver/ suspension of payment of rents, in the absence or presence of a Force Majeure clause under commercial lease/ license agreements, during the period of lockdown as well as post lockdown.
In this post, the author highlights the impact of the COVID-19 crisis on the highly productive oil industry. The author proceeds on to discussing the Indian regime relating to production sharing contracts. Further, the author highlights the significance of the six member panel appointed by the central government for the recovery of profits and review of the existing production sharing contracts between the contractors and the Government.
In this post, the author answers some important questions relating to invocation of bank guarantee in times of COVID-19. The author further makes an interesting analysis highlighting the distinction between essential and non-essential commodities and services in light of the recent Standard Retail and Halliburton judgments.