Termination of contract v v urgent

Querist : Anonymous (Querist) 10 November 2010 This query is : Resolved

Dear Experts,

Company X has awarded certain contract to M/S Y for one year after tendering process. M/S Y have deposited the EMD for the tender. In the contract there is no termination clause. The contract has been awarded to M/S Y 6 months back. The contract is not executed. Now X wants to terminate the contract, can he do so?
Regards,

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R.Ranganathan (Expert) 10 November 2010
Not necessary that there should be a termination clause. If either the contract work ends or there is any dispute with regard to the work done and as per the requirements, then X can terminate the contract citing the said reasons.

Parveen Kr. Aggarwal (Expert) 10 November 2010
A concluded contract cannot be terminated by either of the parties in the absence of a legal right or justification for termination thereof. In case there are justified reasons, a contract can be terminated. Otherwise, it will amount to breach of contract making X liable for damages.

s.subramanian (Expert) 10 November 2010
I agree with Parveen.

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