‘Legal shield’ for contracts


Chang: The government has granted financial assistance in various economic stimulus packages to contain, sustain, supplement, stabilise, resuscitate and “re-start” businesses in these extraordinary times.However, one aspect of “relief” that has been overlooked is the provision of a “legal shield” to people and businesses who are unable to fulfill their contractual obligations due to restrictions during the movement control order (MCO),

THE coronavirus disease (Covid-19) has derailed the world. The current word bandied about is “unprecedented”. Such description is fitting as the devastating effects of this pandemic can be seen and felt on a macro and micro scale, without respect for borders, sovereignty, wealth or status.

Covid-19 has disrupted supply chains, manpower, businesses and societies to such an extent some experts said not seen since World War II.

Provide a legal ‘shield’ to Covid-19 events

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Industrial projects look increasingly attractive
Yew Lee expects to return to profitability on wider customer base
Changing office space requirements
Fed dampens hopes for rate cut
F&N to use cost management measures
Demand for co-working space remains resilient
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read