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What’s the Difference Between a MoU and an Agreement?

 What’s the Difference Between a MoU and an Agreement?" 🤝📎

Client Question:
"Sir, kya MoU aur Agreement same hote hain? Dono mein se legal value kiski zyada hoti hai?"
(Translation: Are MoU and Agreement the same? Which one holds more legal value?)
#MoUvsAgreement #LegalContractsIndia #BusinessLawIndia #AgreementDrafting #LegalDocumentsIndia #ContractLawExplained

📘 The Clear Difference: MoU ≠ Agreement
Although both are signed by parties to show mutual understanding, a Memorandum of Understanding (MoU) and a Legal Agreement are as different as a ‘Shaadi ka rishta’ vs ‘Shaadi ka registration’ 💍📝

  • MoU is a non-binding document, often a gentlemen’s promise.

  • Agreement is a legally enforceable contract under the Indian Contract Act, 1872.
    #MoUIndia #LegalAgreement #ContractEnforceability #StartupContracts #BusinessLegalTips

🔍 Key Differences in Bullet Points:

🔖 FeatureMoUAgreement
🔐 Legal BindingUsually NotYes
📜 Enforceable in CourtRarelyDefinitely
📆 Used WhenParties are in negotiationParties have agreed to terms
🧑‍⚖️ Governed by LawNo specific statuteIndian Contract Act, 1872
🔧 PurposeDeclaration of intentConfirmation of obligation

#MoUExplained #AgreementVsMoU #LegalContractsSimplified #BusinessLawBasics

⚙️ When to Use What?

✅ Use an MoU when:

  • You are exploring collaboration

  • Final terms aren’t decided yet

  • You want to test intent before full commitment

✅ Use an Agreement when:

  • You’ve finalised the deal

  • You want recourse in case of breach

  • You’re dealing with money, assets, or legal duties

#WhenToUseMoU #LegalAgreementIndia #DealMakingTips #MoUChecklist

💡 Bonus Gyaan:
You can convert an MoU into a legal agreement later once both parties are ready to commit. Think of it as “Roka today, Shaadi tomorrow.” 😉
#StartupAdviceIndia #BusinessDealsIndia #DraftingDocuments #ContractAdvice #LexisGyaan

😄 Lawyer’s Joke Corner:
Client: "Sir, I signed an MoU. Can I sue them?"
Lawyer: "Only if you also have signed… good luck!" 😆🧾

📞 Confused between MoUs, Agreements, or Contracts?
At LEXIS AND COMPANY, we don’t just draft — we strategise, structure, and secure your deals with iron-clad legal paperwork tailored for startups, corporates, and professionals.

Call us today for drafting or review of MoUs, Agreements & Contracts.
📱 +91-9051112233
🌐 Website: https://www.lexcliq.com

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