Can i terminate the contract even if there is no termination clause in it?
If yes, then what are the supreme court and high court judgments on this provision?
sumati (student) 16 July 2013
Can i terminate the contract even if there is no termination clause in it?
If yes, then what are the supreme court and high court judgments on this provision?
2BHelpfull (Other) 16 July 2013
yes,
it depends on the terms and condition ,
u can terminate the contract for breach of any condition which r imp to the contract.
sumati (student) 16 July 2013
sanjay kumar (BE/ LLM in Corporate Laws) 23 July 2013
If you terminate the contract unilateraly and that too when there is no Termination Clause in the contract, you may be liable to pay damages to the other party.
But if the other party is not performing satisfactorily then you can terminate the contract after giving a due notice to improve or face termination of the contract.
Amritesh Mishra (Advocate) 24 July 2013
In Case of termination of contract, party at default has to pay damages.
bharat v bhatia (lawyer ) 16 August 2013
please elaborate on what condition u want to terminate the contract
there may be reasons such as
1. impossiblity to perform
2. or a clause where contract need not to be perfomed
3. change in subject matter of contract
4. Nonperfomance of contract from other side of party
RAVIKUMAR V (GROUP B OFFICER) 24 December 2013
IF A GOVT CONTRACTOR DIED WITH IN THE CONTRACT PERIOD.
WHAT PRINCIPLE EMPLOYER SHOULD DO?
V.RAVIKUMAR
MIN OF DEFENCE