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To pay or not to pay? COVID-19 forces a relook at contracts, agreements and deals

· moneycontrol.com · Source No Comments on To pay or not to pay? COVID-19 forces a relook at contracts, agreements and deals

Legal firms have been flooded with calls from clients enquiring if they can re-evaluate a deal.
Recently, a group of steel traders approached the Mumbai High Court, seeking relief from a contract. They had sourced steel from a South Korean steelmaker. But even before the steel reached Indian shores, COVID-19 had struck.

To pay or not to pay? COVID-19 forces a relook at contracts, agreements and deals

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