On 7 April 2020, the Singapore government passed a wide-ranging bill (the “Act”) providing temporary relief for parties who are unable to fulfil contractual obligations due to the Covid19 crisis.

The Act covers certain contractual obligations to be performed for the period 1 February 2020 to 1 August 2020 (both dates inclusive) (“Relief Period”).

This update sets out the legal implications for commercial litigation and insolvency matters.

A. COMMERCIAL LITIGATION