Rajendran Nallusamy (Advocate) 04 February 2009
A deal memo is a short contract, typically one or two pages, that spells
Solicitor Chirag Shah (Advocate & Solicitor) 05 February 2009
Yes, it is a contract and is legally binding.
Do consider all the requsit of a valid contract for valid Deal Memo.
M. PIRAVI PERUMAL (Advocate & Consumer Rights) 05 February 2009
Yes it is legally binding if signed by both parties.