How To Terminate A Delivery Contract

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How To Terminate A Delivery Contract
How To Terminate A Delivery Contract

Video: How To Terminate A Delivery Contract

Video: How To Terminate A Delivery Contract
Video: How to Terminate a Contract? 2024, May
Anonim

By concluding a supply agreement, the partners hope to fulfill all the terms of the agreement of each of the parties. And, of course, they count on the timely and successful completion of the deal. But practice shows that it is often necessary to resort to early termination of the contract. The legislation of the Russian Federation allows you to do this at any time, at any stage of the fulfillment of contractual obligations, subject to compliance with procedural standards.

How to terminate a delivery contract
How to terminate a delivery contract

Instructions

Step 1

Study carefully the text of the agreement, it must contain a clause regulating the procedure for terminating the agreement. In this case, you should act in accordance with the algorithms prescribed in it. If such a section is not included in the content, then follow the legal acts of the legislation of the Russian Federation.

Step 2

Taking into account the peculiarities of termination of contractual obligations provided to business entities by the Civil Code of the Russian Federation, paragraphs 1 and 2 of Art. 450, you can terminate the transaction by mutual agreement of the parties or unilaterally. In any case, prepare the grounds for terminating the current contract and negotiate with your partner. It is possible that the counterparty is ready to cancel the transaction, thus, according to the laws of the Russian Federation, the termination should be executed in the same manner as the conclusion of the contract.

Step 3

To terminate the supply contract unilaterally, you must send your partner a notice of refusal to fulfill contractual obligations. From this time on, the agreement of the parties is terminated. However, for such actions you must have substantial grounds (violation of the terms of the contract). List them in the notification, complete them accordingly and send them in accordance with the rules by registered mail with acknowledgment of receipt.

Step 4

After receiving a refusal from your partner (or not receiving a response within the period specified in the notification), considering the grounds listed in the notification insufficient to terminate the contract, proceed to prepare a package of documents for going to court. Here you will need a statement, an agreement, a copy of the sent notification, a postal receipt for the delivery of the document to the partner, a receipt for payment of the state duty and documents confirming the facts of violation by the partner of the terms of the agreement.

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