‘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

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trump hikes US global tariff rate to 15%
The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer

Others Also Read