Lockdown prima facie in the nature of force majeure: Delhi HC restrains Vedanta from invoking bank guarantees against Halliburton

Vedanta Bank Guarantees
Vedanta Bank Guarantees
Published on
4 min read

Prima facie holding that the COVID-19 lockdown is in the nature of force majeure, the Delhi High Court has restrained Vedanta Ltd from invoking eight bank guarantees extended by Halliburton Offshore Services in connection with a development contract for certain blocks in Rajasthan. (Halliburton Offshore Services vs Vedanta Ltd)

Loading content, please wait...
Bar and Bench - Indian Legal news
www.barandbench.com