News & Media 3rd Mar 2026

Indian companies scrambling to renegotiate contracts amid Gulf tensions

Authors

Sanjay NotaniPartner | Mumbai

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Our Partner, Sanjay Notani shares his insight in The Economic Times, “Indian companies scrambling to renegotiate contracts amid Gulf tensions.”

He highlights that they are receiving queries from companies scrambling to invoke force majeure clauses and renegotiate contracts, as well as rejig supply chains. He further added that the deeper problem is that these issues simply aren’t getting resolved. First Covid, followed by sanctions, then tariffs, now conflict in the Middle East. Resilience and compliance are easy to preach, but they come at an enormous cost, and right now, the coordination between sales and finance teams, legal counsel, and other concerned stakeholders, such as banks and insurance, frankly needs consistent overhauling and close coordination.

Read the article here

   

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