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If other party fail to pay agreed amount what legal action can I take


21-May-2023 (In Corporate Law)
HI am going to enter an agreement with an it company to render some services after seeking my services if they fail to pay the agreed amount stated in MOU with in the due date what eligibility i must acquire during entering in to an agreement is only MOU Eligible to file a suit Against the company incorporated as per companies act 1956 payment schedule included in MOU
Answers (1)

Answer #1
982 votes
Hello,

If you want a specific answer on how you can enforce the payment terms for services rendered, then the answer is that the enforceability of the MOU depends on its contents and its execution. Without reviewing the executed MOU, it is not possible to answer your query.

Please share the executed MOU.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

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