A force majeure clause should define covered events, the required connection between the event and non-performance, notice obligations, mitigation steps, suspension periods and the circumstances allowing termination.
Section 531 supplies statutory rules on fundamental changes and impossibility, but careful drafting can clarify how the parties allocate particular commercial risks.[1]
Sources
- Nepal Law Commission, **National Civil Code, 2074**, Part 5, including ss. 504–541 and special contract chapters. View source