Yes. Section 533 allows parties by mutual consent to amend, vary, extend, suspend or replace contractual obligations. The Code treats the agreed modification as the operative contractual arrangement.[1]
Good practice
Material changes should be documented clearly, identify the original contract and state which provisions are changed and which remain in force.
Sources
- Nepal Law Commission, **National Civil Code, 2074**, Part 5, including ss. 504–541 and special contract chapters. View source