Yours is a bad case.
To put the things in a simple way, there are no laws which can govern the contracts. The contract is governed by its own clauses and stipulations. The Law only enforces these clauses and stipulations to the contracting parties. If any stipulation is missing in the contract, there is no law as such which will come to your rescue. Hope this is clear.
The breach of a contract or non-performance by a party are governed by Damages clause in the contract but the Damage clause is to be included in the contract. The same way, time for performance of the contract is to be included in the contract.
However, if the same is not included in the contract or missed, Law can still come to the rescue depending upon the situation, reasonableness of damages etc. It will all depend upon the interpretation of the contract by law.