Gaining Insights on (Temporary Measures) Bill For Contractual Obligations
The ongoing Coronavirus Disease 2019 (Covid-19) pandemic and the associated public health measures imposed has created an unprecedented economic shock and unforeseeable impact, including supply chain disruptions, manpower shortages and revenue generating activities.
On 20 April 2020, the Covid-19 (Temporary Measures) Act was introduced to offer temporary relief from contractual obligations. Under this relief from 20 April 2020 to 19 October 2020, individuals and businessesare protected from contract obligations that were performed on or after 1 February 2020 which are affected by reason of Covid-19, and for contracts entered into before 25 March 2020. These measures may subsequently be extended, for up to a year from the commencement of the Act.
In this webinar session, the following topics will be covered:
- What does the Covid-19 (Temporary Measures) law do?
- What does it mean to show that the inability to pay was resulting from Covid-19?
- How does this law affect dispute resolution clauses in contracts?
The session will also address the issue of legal proceedings that were commenced before the law came into force, and whether mediation can take place with this law in effect.
To know more about our speaker, Mr Daniel Koh, please click here.
For more information on the Programme, please click here.
As this will be a webinar, please note that this event is open to the first 94 registrants. In order to avoid disappointment, please register now. We apologise in advance if we are unable to accommodate you.
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