Vishwanath (Anupam Kher) is a multi-millionaire industrialist, living in a palatial house with his only child, a son named Vijay (Anil Kapoor). Vijay has recently returned to India, after studying in USA. Salim (Rakesh Bedi) is the driver and Badri (Sadhu Mehar) is the house servant. German (Satish Kaushik) is Vijay's childhood friend and partner. Vishwanath runs a factory that manufactures underground cables. The pampered Vijay has completed his education and now indulges in life's temptations to the extreme. Vijay tells Vishwanath that he does not want to join the family business and enter the same rat race that Vishwanath endured his entire life. Vijay says that he wants to enjoy life and his wealth. Vishwanath would like his son to get married and become responsible. Khairati Lal is manager in Vishwanath's factory who wants to marry his niece Anita (Mink Singh) to Vijay. Vishwanath starts searching for suitable brides for Vijay, but Vijay says that he wants a bride that he is compatible with and that could even take years to find. Vishwanath is livid at Vijay's insolence and starts eating sugar, which is expressly prohibited to him due to his diabetic condition. Vishwanath says that he sacrificed his entire life for Vijay and now Vijay wont even let him play with grandchildren, so he has no reason to live. Vijay agrees to marriage but puts a condition. Vijay wants the marriage to be on a contract basis for a year and, if he does not fall in love with his wife in that duration, the marriage will be annulled. Badri counsels Vishwanath to find a good girl and he is confident that with time, Vijay will fall in love and the condition of divorce will never be activated. Megha (Kajol) is Vishwanath's personal assistant in his office. She is a hardworking girl struggling to support her family. Vishwanath asks Megha to quit her job and marry his son, but she refuses when she hears Vijay's strange condition. Yashwant is the local loafer who wants to marry Megha, to take advantage of her financial misery. Megha's family is in dire financial straits and, so she has to reconsider Vishwanath's offer. In return for marrying Vijay, she asks for financial support for her family, which Vishwanath readily provides. Megha's family includes younger sister Maya (Gracy Singh), brother Sudhakar (Raju Shrestha), elder sister Manju (Sudha Chandran) and mother (Smita Jaykar). Manju is married to her husband (Adi Irani) but was returned home as she has a hole in her heart and needs expensive surgery. Vijay and Megha get married. After marriage, they live together and develop a friendly relationship. Megha works very hard, wholeheartedly cooperating, even kneeling on the steps of a temple to take care of Vijay when he is badly injured in an accident. Yet, at the end of the year, Vijay decides to call off the marriage, as agreed upon. Megha returns home very sad. After the separation, Vijay seems to be enjoying himself; but slowly and eventually, he starts to feel a longing for the presence of his devoted wife. Complications arise when Megha finds out that she is pregnant with Vijay's child. People in her neighborhood start to question her stay at her mother's house and the identity of the child's father. In order to support herself, Megha gets a job in a new company. To her surprise, when the company's managing director arrives, he turns out to be Vijay. Vijay buys the company by paying a huge amount to woo Megha. Vijay tries to convince Megha that he is a changed person now and wants her back. But, despite repeated convictions, Megha remains unconvinced as her faith in him is shattered. Vijay continues to try to convince her. But Megha does not miss any opportunity to show him that she does not care for him at all. Later, Megha and her family organize a 'Godh-Bharai' ceremony for the welfare of their upcoming child. Vishwanath and Vijay also attend the ceremony and give their gifts. Megha reveals Vijay to be her husband and tells all the guests about the marriage contract, insulting him. Vijay feels very bad. He explains that in the situation he is in, he can marry anyone and live happily. But he has made a mistake by entering into the marriage contract, he accepts this from his heart and even today he truly loves only Megha. This makes the situation clear to everyone. Vijay and his father come out after all the guests. Near the completion of her pregnancy, Megha learns that Khairati Lal (Shakti Kapoor) and Yashwant Kumar (Parmeet Sethi), who have been creating trouble for Vijay's company and had once attempted to kill Vijay, have escaped from jail. They are in search of Vijay, who had fired them from his father's company for fraud and forgery. Megha gets worried and tries to reach Vijay as soon as possible. On the way, she learns that this was a whole plan hatched by Vijay's friends to lure her towards her husband. In anger, Megha goes to insult Vijay. Meanwhile, Khairati Lal and Yashwant Kumar, who had come hiding behind Vijay in the office, actually attack Vijay suddenly and severely injure him by stabbing him in the stomach with a glass. But Megha thinks that Vijay is pretending to be injured. Megha turns around to leave after abusing Vijay, but Vijay turns towards her and screams in pain while pulling out a glass shard. Megha turns around and sees that his stomach is bleeding, and he is badly injured. Then she is convinced that Khairati and Yashwant have really attacked them. Megha runs towards him and slips and starts screaming in pain due to the fall as she is pregnant. Vijay ties a shirt on his stomach and gathers all his strength and takes Megha to the hospital. Their families also reach there. On one hand Vijay is being treated and on the other hand Megha gives birth. Megha gives birth to a healthy baby and wants to see Vijay first. Her bed is taken near Vijay's bed. Both of them meet happily. Vijay's father Vishwanath feels extremely happy by laying his grandson between them and shaking hands with all three as per his habit.
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