2021 ICC Arbitration Rules
14 July 2021

Iranian Contract Law

A contract is a legal instrument that creates rights and obligations for the parties towards each other. The purpose of contract law is to provide an efficient framework for parties to regulate their relations and resolve their disputes.

The law of contract is mostly complementary in nature leaving the parties free to agree to whatever they choose. This is known as the “freedom of contract” principle (“Asleh Azadieh Gharardadha”).

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A contract is a legal instrument that creates rights and obligations for the parties towards each other. The purpose of contract law is to provide an efficient framework for parties to regulate their relations and resolve their disputes.