we inform you that from [date], we no longer need the [company name] services. With this notification, we respect the minimum termination period required by our agreement. Your company has provided us with a good service in the past, but we have chosen to terminate our business contract for [reasons]. Issues relating to agreements and their termination are generally subject to contract law and the provisions of the Indian Contract Act of 1872. The Contracts Act also contains provisions relating to losses or damages that could have been caused by an offence that would be subject to the termination of the terms of the contract with respect to them. With this PDF template for end-of-contract letters, you can create your end-of-contract letters in minutes. Contracting can sometimes be difficult, but sometimes you have to reduce the links to save the other, like the corporate business.B. With this model, it will be easy for the sender to provide the information without explicitly having the difficulty of writing a letter. The model has the paragraphs available to you and you just need the details and the reason why termination is inevitable.
Use this template for end-of-contract letters for your quick-to-be-terminated letter compositions. A termination declaration contains the conditions under which you can terminate a contract and also indicates when a firm contract ends. A notice of termination creates a set of data that you have communicated to the other party about the termination of a contract and the effective end date. In this way, you have evidence if the other party claims otherwise in the future. [Please indicate your confirmation and receipt of this message by executing and returning a photocopy of this message.] Please feel free to contact me if you have any questions or would like to discuss this issue. We have enjoyed working with [Counterparty Company] and hope to find a way to do so again in the future. Writing end-of-contract letters can be difficult. But with this contract termination letter based on JotForm, you can create your termination letter for your business relationships in minutes! Copy this model into your JotForm account. If you wish to terminate a contract, there are often contractual provisions that require formal notice. Therefore, it is very important to get the wording and format exactly as the contract provides, or you cannot legally terminate the contract. In some contractual relationships, it may be helpful to notify termination in person or by telephone before sending the formal letter of termination of the contract.