Memorandum of understanding (MoU): settlement regarding a motor accident

Use this template to create a Memorandum of Understanding between any two parties who have reached a final settlement to compound a criminal offence relating to a road accident

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About this document

Use this template to create a Memorandum of Understanding between any two parties who have reached a final settlement to compound a criminal offence relating to a road accident caused by rash and negligent act of the accused – one of the parties to the MoU;

The format is fit to be filed before the Court as written agreement reached between the parties; this document as drawn is neutral between the parties;

There are no specific legal provisions that govern a legal document of this nature; you still have the liberty to make alterations and additions that exactly suit your situation or the case.

Who will use this document?

Any two individuals finalizing terms for compounding a criminal offence with the permission of the Court of competent jurisdiction.

Application and features

  • Very flexible to suit the requirements of either or both parties;
  • Provides a complete framework;
  • Protects both sides;
  • Very flexible to suit the requirements of either or both parties.

Contents

  • Appropriate legal provisions - warranties, exclusions, indemnities, etc.
  • Terms of settlement;
  • Consequence of settlement;
  • Jurisdiction;
  • Practical terms that protect parties from future disputes on the claim.
Draftsman

This document has been drawn by Rakesh Taneja, unconnected with Net Lawman. Rakesh Taneja will welcome your contact for further legal help. There may be a charge for Rakesh Taneja services.

IN-CSMrta01 - Memorandum of understanding (MoU): settlement regarding a motor accident

 
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