Analysing the ‘Lockdown’ as a Force Majeure Event for the Lessors and Lessees

Meaning of Force Majeure Clause In Black’s Law Dictionary, the term Force Majeure (hereinafter referred to as “FM”) is defined as, “an event or effect that can be neither anticipated nor controlled. It is a contractual provision allocating the risk of loss if performance becomes impossible or impracticable, especially as a result of an event […]