The term contract is defined under section 2(h) of the Indian Contract Act 1872 which says that a contract is an agreement enforceable by law…
View More Contracts under The Indian Contracts Act: Definitions, Types, Essentials & PartiesTag: agreement
Impact of COVID-19 on Lease Agreement
The present situation of lockdown and COVID-19 has resulted in a crash of interests of the lessors and the lessees. The liaison between both the parties are well defined under a lease agreement, but such agreements and contracts are also governed by the various other laws such as the Indian Contracts Act. However, such a relationship is jeopardized by the unusual turn of events which are presently prevailing across the nation.
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