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Covid infects lease pacts: Retailers say they will pay rent only in proportion to actual business in case of lockdowns


›Covid infects lease pacts: Retailers say they will pay rent only in proportion to actual business in case of lockdowns
Covid infects lease pacts: Retailers say they will pay rent only in proportion to actual business in case of lockdowns
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Covid infects lease pacts: Retailers say they will pay rent only in proportion to actual business in case of lockdownsBy
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Synopsis
Amid last year’s nationwide lockdown and this year’s local lockdowns, retailers and restaurants have taken a massive hit, facing closure of outlets, huge losses and retrenchments.
PTI
Top retailers and restaurant chains such as Reliance Retail, Madura Fashion & Lifestyle, Domino’s, Plum by Bent Chair, Mamagoto, Farzi Cafe, Lee, Wrangler and Cafe Warehouse among others, are insisting on introducing clauses in all new leases that stipulate that they will not pay rent, or pay only in proportion to their actual business, in the event of government mandated closures of ....

Shriram Monga , Nitin Chhabra , Priyank Sukhija , Zorawar Kalra , Dunkin Donuts , Domino Pizza , Reliance Retail , Madura Fashion , Bent Chair , Farzi Cafe , Cafe Warehouse , Kabir Suri , Azure Hospitality , Ace Turtle , Massive Restaurants , Masala Bar , Jubilant Foodworks , Aditya Birla Owned Madura Fashion , New Delhi Based , ஸ்ரீராம் மோங்கா , நிடின் சாப்ரா , பிரியாங்க் சுகிஜா , ஜொராவர் கல்ரா , டங்கின் டோனட்ஸ் , டோமினோ பீஸ்ஸா , நம்பகத்தன்மை சில்லறை ,