Memorandum of Understanding not being honoured
Juhi Mantri
(Querist) 15 June 2010
This query is : Resolved
Can a party stake claim in in my property through a MOU drafted in 2008 which clearly indicates the date of honouring the commitments of execution of tranfer against payment promised to me valid for a period of one month. The party has paid me just 20 % of the promised amount and further dishonoured the reamin payments through cheque bouncing. Some of my original documents are still with the party and now they are staking claim after 2 years without even bothering to pay me my dues with appreciated gains.
s.subramanian
(Expert) 26 August 2010
They cannot enforce the MOU now.You can ask for the return of your documents.