Leave And License Agreement For Commercial Premises India

One of the most affected sectors is real estate, particularly under the leave and licenses agreement (LLA) for residential and commercial real estate. Many of the laid-offs are either people working in jobs of employees and manual workers (who are affected to the extent that they are invited to benefit from a total wage reduction or salary, laid off or laid off or sitting on the bench) or are start-ups/companies that suffer losses (due to legal restrictions imposed by the Indian government or the land government. This has had a drastic impact on the ability to pay rents/royalties/compensations, etc. in such a situation. Many individuals or businesses that have received an LLA now struggle to pay rent/royalties/compensation. In this article, we will talk about the impact of force majeure clauses in a leave and license agreement.