Contracts: Any side can cancel contract unilaterally, but first previous show cause notice should be given- Supreme Court
Sometimes, after signing a contract, it becomes difficult to continue contract. Contract Act provides that any one party can cancel contract unilaterally.
But previous show cause notice to other side must be given.
2013(11) SCALE 7 R. N. Nayak v K N N Ltd ( C K Prasad and V Gopala Gowada JJ)
Haresh Raichura
21/9/13
