A Letter of Revocation of Contract is a crucial legal instrument used in Malaysian business and legal practice when one party wishes to formally terminate an existing contractual relationship. This document type is particularly relevant when there is a need to end a contract before its natural conclusion, whether due to breach, mutual agreement, or other valid reasons recognized under Malaysian law. The letter must comply with the Malaysian Contracts Act 1950 and related legislation, ensuring proper notice and legal basis for termination. It typically includes specific details about the original contract, grounds for revocation, effective date, and any consequential arrangements. This document is essential for maintaining clear business records and preventing future disputes regarding the contract's status.
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1. Sender's Details: Full name, address, and contact information of the party issuing the revocation
2. Recipient's Details: Full name, address, and contact information of the party receiving the revocation notice
3. Date: Date of the revocation letter
4. Reference Line: Clear reference to the original contract including its title and date of execution
5. Statement of Revocation: Clear and unambiguous statement of intent to revoke the contract
6. Effective Date: Specification of when the revocation takes effect
7. Legal Basis: Citation of the legal grounds or contractual provisions supporting the right to revoke
8. Signature Block: Space for signature, name, and title of the authorized person issuing the revocation
1. Outstanding Obligations: Section addressing any remaining obligations or payments that need to be settled
2. Return of Property: Instructions regarding the return of any property, documents, or materials exchanged under the contract
3. Partial Revocation Details: Used when only specific parts of the contract are being revoked while others remain in force
4. Dispute Resolution: Include when there's a need to specify how any disputes arising from the revocation will be handled
5. Confidentiality Reminder: Reminder of continuing confidentiality obligations that survive the revocation
6. Acknowledgment Request: Request for written acknowledgment of receipt and acceptance of the revocation
1. Schedule A - Contract Details: Detailed list of all agreements being revoked, including dates and reference numbers
2. Schedule B - Settlement Terms: If applicable, detailed terms of any financial or other settlements associated with the revocation
3. Schedule C - Handover Schedule: Timeline and process for returning any properties or documents
4. Appendix 1 - Supporting Documents: Copies of relevant documents supporting the right to revoke or referenced in the letter
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Retail
Construction
Technology
Professional Services
Financial Services
Healthcare
Education
Real Estate
Telecommunications
Energy
Transportation
Hospitality
Agriculture
Mining
Relevant Teams
Legal
Procurement
Contracts Administration
Corporate Secretariat
Risk & Compliance
Operations
Business Development
Administrative
Executive Management
Project Management
Relevant Roles
Legal Counsel
Contract Manager
Business Development Manager
Chief Executive Officer
Chief Operating Officer
Procurement Manager
Project Manager
Company Secretary
Commercial Director
Risk Manager
Compliance Officer
Operations Manager
General Manager
Administrative Director
Legal Administrator
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