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Dear Mr. Gala,
I hereby inform you that we are cancelling the business deal that we verbally agreed upon last week. The company management held a meeting yesterday and we have found out that your company lacks some of the necessary qualifications to be our partner in the business deal. Our sales department have reported that your company did not meet the quota in the previous deal we had engaged. As such, this disqualifies you from engaging in another business deal with us. The report was only recently filed thus the delay in considering this factor in the new business deal.
We hope that you will be able to meet our requirements in the future so that we may again enter into another business deal. Thank you and we wish your company all the best.
Ms. Gomati Cheran
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