Re-Align Framework to benefit small and micro enterprises impacted by COVID

23 Dec 2020

Ref No: 231220 (2)
UEN: S97SS0046G

In view of the unprecedented impact of COVID-19, the Ministry of Law (MinLaw) has provided a range of measures over the past few months to assist businesses, including temporary relief from legal action for the inability to perform certain contracts, and the Rental Relief Framework.
 
To further support small and micro businesses that continue to be significantly impacted by COVID-19, MinLaw will introduce two new measures – the Re-Align Framework and Simplified Insolvency Programme in January 2021.
 
MinLaw invites ASPRI members to join the Zoom Webinar where they will share more about how eligible businesses may benefit from these measures.
 
(Note: This is a second run of the webinar that was held on 17 December 2020. Businesses which attended the first webinar should not register again, so that spaces can be freed up for others.)
 
Date: 8 January 2021 (Friday)
Time: 2.00pm – 3.30pm

Programme

2.00 pm – 2.10pmIntroduction
2.10 pm – 2.55pmBriefing on Re-Align Framework
 
Speaker: Kiron Cheong, Assistant Director (Civil & Legislative Policy)
 
Find out how the Re-Align Framework provides businesses with the option to renegotiate their contracts, so that they can re-align themselves to a New Normal economy. For more information, visit: go.gov.sg/re-align
2.55 pm – 2.40pmBriefing on Simplified Insolvency Programme
 
Speaker: Sean Lee, Assistant Official Receiver
 
Find out how you may be able to tap on a temporary simplified insolvency programme modified from the existing insolvency framework and benefit from simpler, faster and lower-cost proceedings for debt restructuring and winding up. For more information, visit: www.mlaw.gov.sg/news/press-releases/simplified-insolvency-programme.
2.40 pm – 3.30pmQ & A

Please sign up at https://go.gov.sg/minlaw-webinar2 by 12pm, 6 January 2021 (Wednesday). Registrations are on a first-come, first-served basis. All successful registrants will receive an email confirmation.

Do indicate ‘A Member of ASPRI’ beside your company name during registration.

For any further queries, please email eliza_low@mlaw.gov.sgkiron_cheong@mlaw.gov.sg or chung_cui_yi@mlaw.gov.sg

Our Warmest Regards,

ASPRI Secretariat
admin@aspri.com.sg

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