Kindly suggest a name for my agreement

Tapan (Querist) 04 June 2020 This query is : Resolved
Kindly suggest what should be the name of the agreement. Case is as below.

Case:

The promoters of a Company approach a investor to invest in equity of der unlisted public company.

The promoters guaranteed certain fixed IRR on that investment on der company and return of that investment at a fixed price..

Now this investor wish to pen all the things into an agreement.

Then what should be the name of that agreement. And can the investor make the company a party to that agreement which is legally enforceable.

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Quick Summary

This discussion explores suitable names for an agreement where company promoters guarantee a fixed Internal Rate of Return (IRR) and capital repayment to an investor in an unlisted public company. The consensus leans towards calling it a Memorandum of Understanding (MOU), with both the company and investors as mandatory, legally enforceable parties. It's strongly advised to have the agreement's contents thoroughly reviewed by a legal professional to ensure all interests are protected before signing.

P. Venu (Expert) 05 June 2020
The matter requires professional consultation.

Raj Kumar Makkad (Expert) 05 June 2020
Memorendum of Undertaking and Comapny is the mandatory party.

Rajendra K Goyal (Expert) 05 June 2020
Can term it as MOU.
Get the terms and conditions vetted / scrutinized by your lawyer before executing.

kavksatyanarayana (Expert) 05 June 2020
Yes. It will be called MOU. The said company and investors shall sign in the MOU.

Raj Kumar Makkad (Expert) 06 June 2020
Importance should be given to the contents of such agreement and not to the name as heading do not depict details rather details may change the heading.

Rajendra K Goyal (Expert) 06 June 2020
Ask the company to send you the draft of the document.

Get it scrutinized by your lawyer to find whether your interest is fully secured and proceed further.

Raj Kumar Makkad (Expert) 07 June 2020
What is your locus-standi? Are you a lawyer or an investor or a representative of the company?

Rajendra K Goyal (Expert) 07 June 2020
If you are a law student, better take help of your law professor.

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