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Case Study: Termination of a Lease Contract during COVID-19 Pandemic.
The lease agreement, by and between A (the Lessor) and B (the Lessee), was conducted
on June 1, 2019, for a monthly rent of USD 3000. The Lessee throughout occupying the
premises (Industrial Shop) has complied with all the terms and conditions. However,
given the on-going pandemic (COVID-19) and the circular order from the Ministry of
Industry, Tourism and Commerce, to close all shops, the Lessee had to close.
This in turn, caused financial losses to both parties.
In this approach, your client is the Lessor (A). The client would like written advice, as to
the procedures to be maintained, in compliance with the laws and regulations.
Kindly publish a written legal consultation in English, to be sent in an Email format.