Legal Question in Civil Rights Law in India

What is M.O.U.?

Is it necessary to register the same? if yes,What is the effect of not registering the same?

If broken what are the consequences?

Is it legal to enter in to an M.O.U. which debars/takes away my rights given under companies act 1956 as a shareholder. In other words, can M.O.U. override the provisions of the Companies Act. 1956?

What is the effect of such M.O.U.?

S.K.Patel


Asked on 11/22/12, 1:55 am

1 Answer from Attorneys

Dear client it not necessary to every time, sign MOU,no MOU can not override this act.

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Answered on 11/22/12, 2:33 am


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