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Save Standstill Agreement

Aug 6th, 2022

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How to Save Standstill Agreement

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On August 12, 1947, Maharaja Hari Singh established the Standal Agreement with Pakistan through telegram exchanges to maintain operational continuity in trade, transport, and postal services, mirroring their previous arrangements with British India. This allowed Pakistan to gain control over rail, postal, and river trade. A formal agreement between Jammu and Kashmir and Pakistan was signed on August 15, 1947. According to Victoria Schoffel, on August 14, Jammu and Kashmir regained autonomy lost to Akbar the Great in 1586, but this independent status lasted only 73 days. The text indicates a discussion on the motivations behind this agreement will follow.

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What does standstill mean legal?

: an agreement under which litigation is forestalled between two parties. b. : an agreement under which a party agrees to refrain from taking further steps to acquire control of a corporation (as by additional purchases of stock)

What is an example of a standstill agreement?

Standstill examples An investor makes a purchase of shares in a company which brings their holdings to 45%. Concerned about the potential for a controlling share takeover by the investor, the company enters negotiations over a standstill, which prevents further purchasing beyond this point.

What is the purpose of a standstill agreement?

A standstill agreement is a contract that contains provisions that govern how a bidder of a company can purchase, dispose of, or vote stock of the target company. A standstill agreement can effectively stall or stop the process of a hostile takeover if the parties cannot negotiate a friendly deal.

What was standstill agreement between Kashmir and Pakistan?

A standstill agreement was an agreement signed between the newly independent dominions of India and Pakistan and the princely states of the British Indian Empire prior to their integration in the new dominions. The form of the agreement was bilateral between a dominion and a princely state.

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