Legal Question in Investment Law in India

which section/order of which act covers the procedure of a memorandum of understanding? is a memorandum of understanding legally binding even if it has not been registered? if a memorandum of understanding is a contract then will absence of consideration make it void?


Asked on 9/01/09, 10:31 am

2 Answers from Attorneys

MOU covers contract act but without going through contents of agreement no one can guide you properly.

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Answered on 9/01/09, 2:06 pm
Seshadri Srinivasan www.lawconcern.com

MOU may be a contract or not depending on facts.

Consideration - presence or absence is also based on facts.

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Answered on 10/04/09, 5:51 am


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