Covid-19: Several Steel Importers Denied Force Majeure Protection By Bombay High Court
The Bombay High Court building, with the BSE building behind it, in Mumbai. (Photographer: Adeel Halim/Bloomberg)

Covid-19: Several Steel Importers Denied Force Majeure Protection By Bombay High Court

Steel products’ importers cannot use the force majeure argument to prevent the bank from encashing the letters of credit, the Bombay High Court held on Saturday.Several steel importers contended be...
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