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Save Shareholders Agreement in PNG

Save Shareholders Agreement in PNG

Aug 6th, 2022

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How to Save Shareholders Agreement in PNG

4.8 out of 5

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A shareholders agreement is a contract between a company and its shareholders that governs their relationship, outlining rights and obligations alongside the company's articles of association. This agreement establishes internal rules for the company, aiming to prevent future disputes and provide mechanisms for resolving any conflicts that may arise. It is advisable to create a shareholders agreement early, ideally right after incorporation or when the business begins trading, as it is easier for parties to agree on terms at this stage rather than when the business is operational. Establishing this agreement upfront allows for a quicker and more efficient process.

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