Document background
An Addendum To Contract is a crucial legal instrument used when parties need to modify their existing contractual arrangements without creating an entirely new agreement. Under Indian law, this document type is commonly employed when circumstances require adjustments to specific terms, conditions, or obligations while maintaining the core structure of the original contract. It's particularly relevant when parties need to update pricing, extend deadlines, add new services, or modify delivery terms. The document must comply with the Indian Contract Act, 1872, and other relevant legislation, ensuring that modifications are legally binding and enforceable. The addendum should be carefully drafted to clearly reference the original agreement and precisely outline the intended changes, making it an essential tool for contract management and business relationship evolution.
