Most private ports and terminals operating in the country have invoked force majeure, a clause that absolves firms from meeting their contractual commitments for reasons beyond their control.
“Kolkata Port Trust (KOPT) has considered the COVID-19 pandemic as a natural calamity and invokes force majeure from 06:00 Hrs on 22 March to 06:00 Hrs on 15 April 2020,” A K Mahapatra, General Manager (Traffic), wrote in an April 5 trade circular, a copy of which has been reviewed by BusinessLine.
Bu hikaye The Hindu Business Line dergisinin April 07, 2020 sayısından alınmıştır.
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Bu hikaye The Hindu Business Line dergisinin April 07, 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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