Termination of contract

Is it possible to claim compensation from the main contractor for termination of contract for reasons beyond our control? The main contractor engaged us for some MEP works in a project and due to mismanagement, the main contractor company suff ered a huge loss and they could not complete the project on time. The client terminated the contract. We have completed 50% of our work within the agreed time. Now due to this termination, we are suff ering loss and the employees did not have work. In such a case, can we ask for compensation? Please advise under which provision can we claim such damages? 

What are the legal rights of the employer in terminating a contract without any justifiable reasons? In a contract for installation with materials where no brand or specifications are stipulated, the contractor used locally available materials and later noticing this, the employer issued notice to replace the same within seven days. Import of the same in seven days was not achievable. Now we received a termination notice for breach of contract.