Clean Vision Corp (CLNV): The Indian Contract Act of 1872 is the g...

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Re: Loudanepro post# 10371

Thursday, 07/07/2022 4:01:30 PM

Thursday, July 07, 2022 4:01:30 PM

The Indian Contract Act of 1872 is the governing law for MOU's. Basically, an MOU is not enforceable unless certain the five key factors making a contract are clear on offer, acceptance, consideration and so forth. Language is also key. If the wording uses firm language like will or shall, it demonstrates binding. If it uses may be or can be, it is not binding.

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Recent CLNV News

Form 8-K - Current report • Edgar (US Regulatory) • 10/29/2024 09:02:10 PM
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