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Terms 7 conditions in a mou

(Querist) 16 May 2019 This query is : Resolved 
Experts kindly explain in plain English for a lay man to understand the following--

"'The terms of 1st, 2nd, 3rd,& 4th party shall all include their , representative heirs, representatives, assignee's & administrator-in -interest.'

thanking you
DR.VEDULA GOPINATH (Expert) 18 May 2019
all four parties shall nominate their legal representatives
munshilal (Querist) 19 May 2019
Attention Dr. VEDULA Gopinath-
greetings in continuation to the subject MoU(family settlement)- please kindly clarify ,as i am being told a unregistered MoU has no legal binding on the signatories ,it has to be stamped -what is meant by stamped?
KISHAN DUTT KALASKAR (Expert) 24 May 2019
Dear Sir,
It goes to name that such MoU is also binding upon legal heirs of party No.1 to 4.

Please mark “LIKE” if satisfied by my answer.
munshilal (Querist) 25 May 2019
query -what is meant by that the document has to be stamped when not registered-
Sb Karma (Expert) 28 December 2019
it means notary verified.........


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