Matters relating to contracts and their termination are generally governed by contract law and the provisions of the Indian Contracts Act, 1872, would be applicable here. The Contracts Act also contains provisions relating to loss or damage that may have been caused by infringements that would be subject to termination of the provisions of the contract. Please enter your signature in the box indicated below to indicate their receipt of the termination letter and that the above letter accurately documents our mutual agreement. Most of the consultants in each sector work under contract. A consulting contract determines the scope of work to be done by the advisor, usually after discussion of the client`s expectations. The contract should clearly reflect the obligations of all parties involved. A termination letter to terminate a contract is used by one party to inform the other party that it wishes to terminate the agreement before the expiry of the contract term. A legal indication of the termination of an advisory agreement is a notice from one party to another party of an advisory agreement informing it that, having breached the terms of the lease by failing to fulfil its part of its duty, or that a party is entering into the transaction in question or that there may be a mutual agreement; to terminate the agreement. .