This is the third and the last part of the three-part series re-evaluating the significance of the liability cap clause in contractual agreements in the aftermath of the pandemic. This Part deals with the enforceability of liability cap clauses in contracts and aims to elucidate how it is dependent on the merits of each case. Thereby, it restricts a contracting party from absolutely taking a defence based on the existence of the said clause and disclaim his/her partial or complete liability towards an agreed transaction in the contract.
Reviewed and Validated by: Pushkar Thakur, Founder & Managing Partner Sample Will I,..
Reviewed and Validated by: Shubham Dwivedi, Associate This is the second part of..
This is the first part of a three-part series re-evaluating the significance of the liability cap clause in contracts with an emphasis on limiting financial exposure and keeping in mind the aftermath of the pandemic. This financial year has in addition to changing the approach of business has also re-asserted the significance of certain contractual clauses such as liability cap clauses and force majeure, which were earlier not given due attention.
Reviewed and Validated by: Shubham Dwivedi, Associate Gurugram based Fintech company Mobikwik’s data..
Reviewed and Validated by: Shubham Dwivedi, Associate Citing public interest, the Government of..
Reviewed and Validated by: Shubham Dwivedi, Associate Whilst delivering the first budget in..
Reviewed and Validated by: Shubham Dwivedi, Associate The Union budget is scheduled for..
Reviewed and Validated by: Shubham Dwivedi, Associate Replacing the all-important laws on provident..
Reviewed and Validated by: Shubham Dwivedi, Associate With the view of enabling India..
The Ministry of Corporate Affairs (MCA) had introduced a scheme namely Companies..
Reviewed and Validated by: Shubham Dwivedi, Associate The Insolvency and Bankruptcy Code (Second..
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