Document background
The Agreement Addendum is a essential legal instrument in Indian contract law used when parties need to modify their existing contractual relationship without creating an entirely new agreement. It's particularly relevant when circumstances change after the original agreement's execution, requiring updates to specific terms, conditions, pricing, timelines, or scope of work. This document type must comply with Indian contract law principles, including the Indian Contract Act, 1872, and often requires proper stamping under state-specific stamp acts. The addendum becomes an integral part of the original agreement, and its terms are read and interpreted in conjunction with the original document. It's commonly used across various industries when parties need to formalize changes while maintaining the stability and continuity of their existing contractual relationship.
