Contract Dispute Resolution

Commercial Contracts in Nepal is an article that provides a brief overview of the legal framework and practice of commercial contracts in Nepal, which are agreements between parties to carry out economic or business activities. The article also explains the main types, features and issues of commercial contracts in Nepal, as well as the dispute resolution mechanisms available for commercial contracts in Nepal.

Contract is like partners moving together harmoniously, following predetermined steps, like dancers on a dance floor. Every party has its unique rhythm and responsibility, and harmony is sustained as they abide by the dance rules. If either partner makes a mistake, loses their balance, or disrupts the harmony, the relationship may suffer, resulting in disagreements, discussions about new terms, or possibly even a breakup. The dance floor serves as the playing field, the music acts as the contract, and the steps represent the conditions that must be adhered to by all.