Revisiting "Subject to Contract" Clauses
14 Sep 2011
This case update revisits “Subject to Contract” Clauses” in Norwest Holdings Pte Ltd (in liquidation) v Newport Mining Ltd and another appeal [2011] SGCA 42
The Singapore Court of Appeal has held that, where the phrase “subject to contract” appears in communications between the parties, whether or not there is a binding and enforceable contract between the parties would depend on an objective assessment of all the circumstances in a particular case, and not merely the inclusion of the stock phrase “subject to contract".
However, there must be strong and exceptional circumstances to override the plain meaning of a “subject to contract” provision.
To read the update, please click here.