The contract was coming to an end and the contractor was given the job of delivery of a cargo to a particular place. The contractor lost the consignment due to misconduct of its agent. The principle filed a police complaint and the material was recovered and delivered with alternative arrangement. The contract ended by flux of time and the contract could not be terminated. Now, for breach of contract can we forfeit the security deposit though opportunity for termination was not available at that time though we have ample ground to forfeit his security deposit for non performance.
