Memorandum of understanding
This query is : Resolved
Swati Agarwal
(Querist)
27 August 2013
How to prepare a memorandum of understanding in case where the first party agrees to supply monthly fixed production of goods to the second party where the first party and second party have no business connections?
Again whether MOU is required in this case or a written agreement on the company's letter head will suffice?
Please guide.
Again whether MOU is required in this case or a written agreement on the company's letter head will suffice?
Please guide.
Ankur Garg
(Expert)
02 September 2013
I would advise you to go for a properly drafted agreement to ensure the obligations of both the parties in the contract.
Further use Rs. 100/- stamp paper for preparing agreement and agreement is not written on company letter head.
Thanks
Further use Rs. 100/- stamp paper for preparing agreement and agreement is not written on company letter head.
Thanks
Swati Agarwal
(Querist)
06 September 2013
Thank You.
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