Governments across the world are issuing advisories and taking strict preventive measures to ensure people do not come out of their houses and the chain of coronavirus spread is broken. There is no statutory definition or any specific guidelines that may regulate the concept of the stoppage of payment against supplies.
As of the implementation of lockdown in India (effective March 24, 2020) all commercial and industrial establishments which are not engaged in providing services are closed. Are you facing issues regarding your supplies? Has your buyer denied to pay for the supplies? Are your buyers invoking force majeure clause against payment of their supplies? There are many questions like these that have a legal implication and must be answered by legal experts.
Feel free to reach out to us for any such query regarding your buyer.