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Strategic alliance agreement or MOU - do we need to sign it on Stamp


17-May-2023 (In Corporate Law)
Can a short engagement with other organisation to get the users data from their clients be termed as a strategic alliance or should it signed as an MOU. Also, Do we need to sign these agreements on stamp paper?
Answers (2)

Answer #1
985 votes
Hi Gourav, It is advisable to enter into an agreement for obtaining user data as it will cover the privacy and consent issues. Further yes you need to sign them on stamp paper. We can help you out with the drafting, review and execution of the agreement. Regards Smriti Khurana
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Answer #2
779 votes
it can be termed as a strategic alliance but it is always good to put the terms and conditions of such an alliance on paper. Ideally speaking, the agreement should be on a stamp paper and duly notarised to confirm the authenticity.
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