The Singapore Court of Appeal has held that a “no oral modification” clause which prohibits the oral variation, supplement, deletion or replacement of any term of the agreement did not apply to the oral rescission of that agreement: Charles Lim Teng Siang & Anor v Hong Choon Hau & Anor [2021] SGCA 43.
The decision is also a timely reminder to contracting parties not to overlook boilerplate clauses which are often viewed as "standard" and unimportant.
This update takes a look at the Court of Appeal’s decision.
If you would like information or assistance on the above or any other area of law, you may wish to contact the Partner at WongPartnership whom you normally deal with or any of the following Partners:
CHAN Sing Yee
Joint Head – Mergers & Acquisitions
d +65 6416 8018
e singyee.chan@wongpartnership.com
Click here to see Sing Yee’s CV.
LIM Wei Lee
Partner – Banking & Financial Disputes
d +65 6416 6871
e weilee.lim@wongpartnership.com
Click here to see Wei Lee’s CV.
Lydia ONG
Partner – Mergers & Acquisitions
d +65 6416 2544
e lydia.ong@wongpartnership.com
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Vithiya RAJENDRA
Partner – Banking & Financial Disputes
d +65 6416 8137
e vithiya.rajendra@wongpartnership.com
Click here to see Vithiya’s CV.