COVID-19 pandemic has upset the very foundation upon which he parties entered into the lease deed, the Tribunal said that it declared the termination of lease valid and sustainable.
While the report is in no way exhaustive to all the force majeure cases in India, it is a useful starting point for any practitioner handling force majeure claims in a post-COVID-19 India.
The article analyses how the doctrine of frustration interacts with and applies itself to leases during this national lockdown on account of coronavirus.