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. Short-term contracts, such as a lease and a transformation contract, are concluded with a deadline clause. After the date indicated, you can cancel or renew the contract. There are also contracts with an indefinite period of validity. For example, a worker may remain employed until retirement. Denunciation may take place at the request of one of the parties. The worker in question can file a dismissal or you can terminate the employment contract for valid reasons….