we are a 3 and half year old startup LLP company in it industries, we are creating our own gadget news portal, for this we have out sourced some portion of project work to XYZ ahmedabad base it company, on project proposal mail company have quoted fix amount and fix times for project witch we agreed and allocated project to the company to start work on. time fram of project is 2 month and company is already passed 9 month and it's yet not completed we have beards many financial loses every month due to this time issue. due to project and work nature plus our financial condition we are not able to tranfer this work to some one else. would like to know what corporate low has this company violated (specific section or kalam?) what legal option we do have to take action againts this company?
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