The unfolding COVID-19 pandemic has hit us all hard, making it tough for businesses and individuals in Singapore to perform their contractual obligations.
If you are an individual or business owner in a contractual agreement and are facing difficulty fulfilling your end of the bargain because of COVID-19 – help is on the way.
As of 7 April 2020, The Ministry of Law, Singapore passed the COVID-19 (Temporary Measures) Bill in Parliament.
The bill seeks to offer temporary relief to businesses and individuals who are unable to perform their contractual obligations.
TL;DR: COVID-19 (Temporary Measures) Bill – Help for Business and Individuals Who Face Difficulties Fulfilling Their Contractual ObligationsThis new bill offers up to six months of temporary relief and protection for individuals and businesses from legal action on a just and equitable basis. It will cover contracts like:
Contracts for Provision of Goods and Services –...
