‘Failure to comply with no oral modification provision prevented effective novation’

“Re-iterating the power of so-called no oral modification provisions, the Supreme Court has said that an entity could not become a party to an agreement by novation unless it could show that the agreed contractual procedure for amendment to the agreement had been followed …” (more)

[Pranay Lekhi, Allen and Overy – Compact Contract, 8 November]

First posted 2021-11-09 09:00:03

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