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SharePurchase Agreement

Share Purchase Agreement is an agreement entered into between the buyer and seller(s) of shares of a target company.

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Shreya Pandey
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Share Purchase Agreement Overview

A share purchase agreement is a legal contract between two parties: a seller and a buyer. They may be referred to as the vendor and purchaser in the contract. The contract is proof that the sale and the terms of it were mutually agreed upon.The agreement contains all the terms and conditions that are finalised when it comes to the sale and purchase of the shares of the company.

What Are The Benefits of Share Purchase Agreement?

(1) Shares specified.

(2) Rights and liabilities.

(3) Warranties.

(4) No third party involvement.

What are the Procedure of Share Purchase Agreement?

(1) One has to approach a law consultant who will consider and hear all the necessary details of the transaction

(2) The lawyer will then draft the share purchase agreement format India accordingly and explain about the stamp duty on share purchase agreement, if needed

(3) The draft agreement will be sent to you for review by the lawyer within 5-6 business days

Documents Required For Share Purchase Agreement?

(1) Share Transfer Form.

(2) Share Certificate.

(3) Letter of Resignation.

(4) Notification to ASIC.

FAQs

(1) What is Share Purchase Agreement?

(2) Who prepares the share purchase agreeement?

(3) Can you walk from a purchase agreement?

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