4/2/2023 0 Comments Memoranda of understandingIn India, any MOU fulfilling the criteria for a contract as prescribed by Section 10 of the Indian Contracts Act 1872 can be juridical. In such a case, the MOU can be considered a legally binding document. Besides, in some instances, MOU contains a legal clause added with the parties’ consent.As such, in some countries, MOUs hold some form of ethical responsibility. This special story talks about how it is not considered good to walk away from an MOU in Chinese civil law. Non-legality has been a contentious issue for many countries.Therefore, we can say that it isn’t a legally binding document.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |