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The Bayana agreement is a legal document that can be acknowledged as legal proof in a court of law in the event of any dispute between the contracting parties because it is controlled by the Indian Contract Act, of 1872.

Example: 'X' sold 10 bags of Wheat to 'Y' against payment of Rs. 3,000. Example: 'X' agrees to sell 10 bags of wheat to 'Y' for Rs. 3,000 after getting the stock.

The amendment can be created to meet your specific needs for your deal. Typically you would have an attorney draft up an amendment if it's not already included in the original PSA document. Once the amendment to a purchase and sale agreement is drafted, it will be signed by both parties to become legally binding.

You can use a contract amendment letter to list the changes to the original document and have both parties sign. You can create a contract amendment created from a template or from a legal services provider. You can add amendment pages?digital or print?to the end of the original signed contract.

You need a contract amendment whenever you or the other party wants to change the terms of the agreement. Once you've discussed the change with the other party, one of you will draft the changes, and both will sign them. For example, suppose your IT company buys laptops from a computer company.

A contract addendum is an additional document that is attached to the original contract. It is used to include supplementary information, such as additional terms, conditions or provisions. Unlike an amendment, an addendum does not modify the existing terms of the contract, but rather it expands upon them.