vikash (SPECIAL CORRES) 13 March 2024
T. Kalaiselvan, Advocate (Advocate) 14 March 2024
Unless such undertaking which is also termed as an agreement, is executed by a registered deed, it cannot be legally enforceable in case of dispute, in court of law
vikash (SPECIAL CORRES) 14 March 2024
T. Kalaiselvan, Advocate (Advocate) 14 March 2024
If you want to enforce the undertaking through court of law then it should be on a registered deed.
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 14 March 2024
Normally, no stamp duty is payable on MoU. However, if the MoU involves a transaction which needs to be compulsorily registered under the Registration Act, 1908, then it has to be stamped. A stamp duty paid registered document gets an evidentiary value and can be submitted as an evidence in the court.