Dear Sir,
I have entered into a Contract with a Party in London as under:
1) THE ORDER FORM/CONTRACT WAS SIGNED BY ME & SENT TO THE PARTY IN LONDON ON 7th MARCH 2013 WITH A PRECONDITION FOR PAYMENT TERMS TO BE AMMENDED AS PER MY REQUIREMENT WAS CLEARLY SPECIFIED BY ME IN THE MAIN BODY OF THIS SIGNED CONTRACT FOR SERVICES TO BE RENDERED BY THE PARTY TO ME
2) THE PARTY IN LONDON WITHOUT CHANGING THE PAYMENT TERMS AS STATED BY ME IN MY SIGNED ORDER FORM/CONTRACT HAS SIGNED THIS SAME ORDER FORM & SEND IT TO ME FOR EXECUTION OF PAYMENT TERMS
3) SUBSEQUENTLY THE PARTY HAS RAISED INVOICES ON ME AS PER MY PAYMENT TERMS BUT NOT AMMENDED THE PAYMENT TERMS IN THE SIGNED CONTRACT & SEND IT TO ME QUITE LATE WHEN I CANCELLED THE DEAL & INFORMED THEM THAT I WAS NOT INTERESTED IN THEIR SERVICES
4) THERE IS A CLAUSE IN THE CONTRACT IN THE EVENT OF CANCELLATION I WILL HAVE TO PAY 65 % OF THE CONTRACT VALUE AS CANCELLATION CHARGES
CAN YOU ADVISE ME WEATHER I AM LIABLE TO PAY THESE CHARGES WHEN THE CONTRACT HAS BEEN SIGNED BY BOTH THE PARTIES & THE PAYMENT TERMS MENTIONED IN THE CONTRACT SPECIFIES THAT THESE WILL BE AS DETAILED IN MY MAIL BUT THE CONTRACT HAS NOT BEEN AMMENDED FOR THE REVISED PAYMENT TERMS
AJIT MEHTA