M.o.u

shantilal k. patel (Querist) 10 October 2011 This query is : Resolved
What is M.O.U
What is the impotance of the same?
Why it is entered?
What are the consequences if there is a breach of the same?

s.k.patel

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Shonee Kapoor (Expert) 10 October 2011
Dear Sir,

You are CA. So you must be knowing about it.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

Arun Kumar Bhagat (Expert) 10 October 2011
What is M.O.U- Memorandum of Understanding.
What is the impotance of the same? -legal document
Why it is entered?-To safeguard interest of the parties.
What are the consequences if there is a breach of the same?- Litigation.

Shailesh Kr. Shah (Expert) 11 October 2011
Your question depends upon case to case basis, if you state that mou for what purpose, we can advise accordingly. However, i agree with Shri Arun Kumar Bhagat.

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