Drafting

Fee Structure

Memorandum of Understanding - Custom
Total : 35000/- INR


A memorandum of understanding (MOU) is a formal document describing the broad outlines of an agreement that two or more parties have reached through negotiations. It is not a legally binding document but signals the intention of all parties to move forward with a contract. An MOU clearly outlines specific points of an understanding. It names the parties, describes the project on which they are agreeing, defines its scope, and details each party's roles and responsibilities. It indicates that the parties have reached an understanding and are moving forward. An MOU communicates the mutually accepted expectations of the people, organizations, or governments involved.