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Case List: Binding Nature of the Memorandum of Understanding (MoU)

Reliance Natural Resources Ltd. Vs. Reliance Industries Ltd.,  Citation: [2010] 156 CompCas 455 (SC), (2010) 7 SCC 1 Decided on: 07.05.2010 Issue: Whether the MoU entered into amongst the family members of the Promoter was binding upon the corporate entity Relevant Extract(s):  “MoU is not technically binding between RIL and RNRL. It is not in dispute that MoU…