Blogs tagged with: A.K. Ramanujans 300 Ramayanas

Enforceability of a Memorandum of Understanding

by Alba Law Offices on in Corporate law
A Memorandum Of Understanding (‘MOU’) is generally a preliminary understanding between the parties to a contract, prior to the execution of a formal agreement. It is a document highlighting the intention of the contracting parties and might also be known as a Letter of Intent (‘LoI’). MOU is general...
By Naveen K. Jain 3 rd year student of Jindal Global Law School Democracy, is made of two Greek words “Demos”-which means People and, “Kratos” which means power. In simple understanding - “Rule by People” . In contemporary times, it is understood as vesting authority and power through majority and c...