diff --git a/asset-transfer-basic/rest-api-typescript/src/fabric.spec.ts b/asset-transfer-basic/rest-api-typescript/src/fabric.spec.ts
index b74ddf7a..8f915849 100644
--- a/asset-transfer-basic/rest-api-typescript/src/fabric.spec.ts
+++ b/asset-transfer-basic/rest-api-typescript/src/fabric.spec.ts
@@ -280,6 +280,18 @@ describe('Fabric', () => {
       const index = await redis.zrange('index:txn:timestamp', 0, -1);
       expect(index).toStrictEqual([]);
     });
+
+    it('starts a retry loop which clears the saved details when no contract exist for the org', async () => {
+      addMockTransationDetails(redis);
+      mockContracts = new Map<string, Contract>();
+      startRetryLoop(mockContracts, redis);
+      jest.runOnlyPendingTimers();
+      await flushPromises();
+
+      const index = await redis.zrange('index:txn:timestamp', 0, -1);
+      expect(index).toStrictEqual([]);
+    });
+
   });
 
   describe('evatuateTransaction', () => {
diff --git a/asset-transfer-basic/rest-api-typescript/src/fabric.ts b/asset-transfer-basic/rest-api-typescript/src/fabric.ts
index 363f9c72..8a99d7cf 100644
--- a/asset-transfer-basic/rest-api-typescript/src/fabric.ts
+++ b/asset-transfer-basic/rest-api-typescript/src/fabric.ts
@@ -145,6 +145,7 @@ export const startRetryLoop = (
         if (contract) {
           await retryTransaction(contract, redis, savedTransaction);
         } else {
+          clearTransactionDetails(redis,savedTransaction.transactionId)
           logger.error(
             'No contract found for %s to retry transaction %s',
             savedTransaction.mspId,