'Frustration of contract' clause in focus

Banks are bracing for litigation as borrowers denied moratorium benefits by high-street lenders are considering the option of suing them with a rarely-used, colonial-era provision of the Indian Contracts Act.

Source: economictimes.indiatimes.com > https://economictimes.indiatimes.com/news/company/corporate-trends/frustration-of-contract-clause-in-focus/articleshow/75242400.cms