Document background
The Addendum To Memorandum of Understanding is a critical document used in Indian business and legal contexts when parties need to modify their existing arrangements without creating an entirely new agreement. This document type is particularly useful when circumstances change after the original MoU is signed, such as when project scope expands, new parties join, or terms need updating. The addendum must comply with Indian contract law, including the Indian Contract Act, 1872, and may require stamp duty payment under the Indian Stamp Act. It's commonly used across various sectors from technology to manufacturing, and typically includes specific modifications, their rationale, and their impact on the original MoU. The document ensures continuity of business relationships while formally documenting changes to the original understanding.
