Contracts

Querist : Anonymous (Querist) 09 January 2012 This query is : Resolved
can a company A terminate the contract with another before the actual date of supply,on the account of non-delivery of goods, if it knows that the other company would fail to supply the goods on the specified dates?

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Deepak Nair (Expert) 10 January 2012
The contract can be terminated only as per the terms and conditions agreed in the said contract, bu giving sufficient notice.

If there is violation of terms and condition by on e party, the other can definitely terminate the contract by stating the reason for the same.

But you cannot terminating the contract under anticipation of violation of terms and conditions

prabhakar singh (Expert) 10 January 2012
NO IS SPECIFIC ANSWER TO YOUR PARTICULAR QUERY.

Querist : Anonymous (Querist) 10 January 2012
what if the other company has already specified that it would not be able to complete the supply before or on the date specified?

Devajyoti Barman (Expert) 10 January 2012
It can but its decision of cancellation of order needs to be communicated with the delivering company before it accepts the offer by supplying the goods.

prabhakar singh (Expert) 11 January 2012
what if the other company has already specified that it would not be able to complete the supply before or on the date specified?
Reply:
In that case the other company entertains rights to repudiate the contract if time was made essence of contract.

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