Contract

• C

  • Contract

    • Final Draft

    • Standard Form of Contract

Interpretation of contracts

Contractual interpretation - Unlike a statutory interpretation, which is even more difficult due to assimilation of individual intention of law makers, contractual interpretation depends on the intentions expressed by the parties and dredging out the true meaning is an 'iterative process' for the Courts - It is usual that businessmen often do not sit over nitty-gritty in a contract. In a document the language used by the parties may have more than one meaning. It is ultimately the responsibility of the Courts to decipher the meaning of the words used in a contract, having regards to a meaning reasonable in the line of trade as understood by parties.

2021 SCeJ 498 MANGALA WAMAN KARANDIKAR v. PRAKASH DAMODAR RANADE