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Why in news? Recently, Supreme Court has held that the government cannot claim immunity from the application of law to a contract merely because one of the parties to it is the President of India.
About:
Article 299 of Indian Constitution
https://www.thehindu.com/news/national/presidents-name-in-a-contract-is-no-immunity-against-the-application-of-law-to-test-its-conditions-sc-holds/article66874023.ece