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ARTICLE · 02 APRIL 2020

COVID- 19: Key Considerations For The Indian Infrastructure Sector

Khaitan & Co.
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COVID-19 has posed unprecedented challenges and in many cases business continuity plans are being put to test for the first time.

IndiaCoronavirus (COVID-19)
Dibyanshu
Dibyanshu
Prateek Bhandari
Prateek Bhandari
Sathyajith Nair
Sathyajith Nair
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COVID-19 has posed unprecedented challenges and in many cases business continuity plans are being put to test for the first time. The scenario is deteriorating in India with more than 560 positive cases being officially reported. The 'lockdown' has been extended to all districts in India till the 14th of April 2020. The restrictions on construction activities, decreased workforce and supply chain disruptions will have a cascading impact on contractual obligations relating to infrastructure projects. Complex contractual arrangements with (i) back-to-back contracts between numerous, unconnected parties, or (ii) multiple independent contracts between related parties as part of a composite transaction are typical of the infrastructure sector in India.

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