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mehul (Querist) 22 August 2013 This query is : Resolved
Dear sir,

My friend who is in construction field having partnership firm.

At present they have received some big project in construction field and they have invited me to invest in same and for that they will give good return.

They r ready to give security cheque and even they are ready to sign MOU.

Is this above document are enough to bind them legally, if not, then pls. advise what other legal document should I make them to sign.

Regards

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Sudhir Kumar, Advocate (Expert) 22 August 2013
highly subjective query. One needs to see their own parnership deed and draft MOU.

contact nearest available lawyer.

prabhakar singh (Expert) 22 August 2013
For it You need a good lawyer to personally discuss the matter with him and not LCI.

R.K Nanda (Expert) 22 August 2013
apart from MOU execute registered agreement

of investment with them.

Rajendra K Goyal (Expert) 22 August 2013
Agreement is better option but all the terms and conditions are to be discussed with some lawyer before.

Contact a local lawyer.

V R SHROFF (Expert) 22 August 2013
Get Flat/ shops registered sale deed in your name [ for better security ]apart from PDC, MOU, Pro Note & Agreement to share Profit/ %age. Get it Notary.

ajay sethi (Expert) 22 August 2013
you can afford legal fees . contact a local lawyer

Guest (Expert) 22 August 2013
Any query of casual consultation may not help you. Your friend needs to make detailed discussion with some local expert lawyer in finance and business laws.