What’s the Difference Between MOU and Agreement?” – The Paper Chase Begins! π§✍️ One of the most “paper-heavy” client questions we hear every week: ❓“Is an MOU (Memorandum of Understanding) the same as an Agreement? Can I rely on an MOU?” #MOUvsAgreement #LegalDocumentsIndia #ContractBasics #BusinessDocumentsIndia #IndianContractLaw #StartupFoundersIndia ✅ Answer: Not quite the same! It’s all about intent vs. enforceability π―⚖️ MOU (Memorandum of Understanding) is like a legal handshake – it shows the intent to collaborate , but may or may not be binding Agreement is a full-fledged binding contract enforceable in court under the Indian Contract Act, 1872 ππ If your MOU contains offer, acceptance, consideration, and intention to create legal obligations , courts may treat it like an agreement – surprise! π² #MOUIndia #BusinessAgreementIndia #LegalIntentIndia #BindingContractIndia #MOUToAgreement #StartupDocumentsIndia π§ Key Differences in Practice: Feat...
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