by SIMPLE CONTRACT AGREEMENT
This Agreement is made on this ___ day of _______, 20 between:
Party A: ______________________________
Address: _______________________________
Party B: ______________________________
Address: _______________________________
Both parties agree to the following terms:
1. Offer and Acceptance
Party A agrees to provide ___________________________________ (goods/services).
Party B accepts this offer on the terms mentioned in this agreement.
2. Consideration
Party B agrees to pay Party A a sum of ₹______________ as consideration for the goods/services.
Payment will be made on or before ___________________.
3. Free Consent
Both parties confirm that they are entering this agreement freely and voluntarily, without any pressure, fraud or mistake.
4. Competency of Parties
Both parties declare that they are legally competent, above 18 years of age, of sound mind and not disqualified under any law.
5. Lawful Object
The purpose of this agreement is lawful and does not violate any Indian law.
6. Terms of Performance
Party A will complete the work/ deliver the goods by ____________________.
Party B will make payment and fulfill all responsibilities on time.
7. Rights and Duties
Party A must complete the work with reasonable care.
Party B must accept the goods/services and make timely payment.
8. Breach of Contract
If any party fails to perform their obligations, the other party may claim compensation for the loss suffered.
9. Termination
This agreement will end after both parties fulfil all terms.
It may end earlier if both parties agree in writing.
10. Dispute Resolution
Any dispute will first be settled through discussion.
If not resolved, it will be referred to arbitration as per the Arbitration and Conciliation Act, 1996.
11. Governing Law
This agreement will be governed by the laws of India.
Signature of Party A: ___________________
Signature of Party B: ___________________
Date: _______________
If you want, I can also draft a contract based on your specific given facts (names, service, price, dates, etc.).
