Can one party sue another on breach of memorandum of understanding?
Menu
Memorandum of understanding
Replies (3)
Yes.
This document 'Memorandum of Understanding' is valid instrument.
sir! I dont know the exact constitute, I think one party can sue the other on breach of memorandum
A suit can be brought against a defaulting party in a court of law if any of these clauses are breached. In an MoU, both parties should offer and accept each other's offer.
Recent Threads
- TDS payment using Form 26QB when buying property o
- Export sales not realised payment not received fro
- RCM related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
Related Threads
CAclubindia
