Document background
The Addendum To Extend Contract is a crucial document used in Pakistani business practice when parties wish to continue their contractual relationship beyond the original termination date. This document type is particularly relevant when the original contract's terms remain largely suitable but require extension of duration, possibly with minor modifications. It must comply with Pakistani contract law, particularly the Contract Act 1872, and requires proper stamping under the Stamp Act 1899. The addendum typically includes reference to the original agreement, specifies the extension period, and clarifies any terms that may need updating. It's commonly used across various industries when terminating and creating a new contract would be impractical or unnecessary. The document ensures business continuity while maintaining legal compliance with Pakistani contractual requirements.
