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Loss of Profit Vs. Loss of Profitability: Distinction in Contractual Claims

Although often used interchangeably, the terms ‘loss of profit’ and ‘loss of profitability’ represent distinct legal concepts. The Calcutta High Court (“Calcutta HC”) in a...
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ABOUT AUTHORS

ASHIMA OBHAN
Ashima Obhan is a Senior Partner at Obhan & Associates and heads the Corporate and M&A practice. She has more than two decades of experience in foreign investment, M&A, joint ventures, cross-border transactions and commercial disputes. Ashima advises domestic and multinational corporations on commercial and regulatory matters, cross-border acquisitions and India-entry strategies, and is also well regarded for her work in private equity and venture capital investments.

APARNA AMNERKAR
Aparna Amnerkar is an Associate at Obhan & Associates and is part of the Corporate Law practice. She focuses on various commercial and corporate law matters. Aparna’s work includes drafting and reviewing contracts required by businesses for their day-to day functioning and she is also involved in undertaking legal due diligences.
