Strike construction in the Share Transfer Agreement Template

A secure way to Strike construction in Share Transfer Agreement Template

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How to Strike construction in the Share Transfer Agreement Template

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How do you draft a share transfer agreement?

2.1 Subject to the terms of this Agreement and in consideration of the Purchase Price(as defined herein below), the Sellers hereby agree to sell, transfer and deliver the Sale Shares to the Purchasers, and the Purchasers hereby agree to purchase, acquire and accept from the Sellers, the Sale Shares together with all

What is share transfer agreement?

What is a Shares Transfer Agreement? A shares transfer agreement, also known as a stock purchase agreement, is an legal document used to transfer the ownership of shares of stock. The party transferring shares could be a person or a company.

Do you need an agreement to transfer shares?

A sale of share agreement is used to formalise the transfer of share ownership from one shareholder to another so that the transaction occurs smoothly. Generally, the document contains the number of shares being sold, the selling price, and obligations relating to the sale.

What is the difference between share transfer agreement and share purchase agreement?

The agreements both deal with the same subject matter, the only difference being that Share Purchase Agreement might be revoked after signing, but the Share Transfer Agreement, puts the name of the buyer in the official list of shareholders of the company thus making the shareholder liable for his unpaid share capital.

What is the legal agreement to transfer shares?

A Share Purchase Agreement, also called a Stock Purchase Agreement, is used to transfer the ownership of shares (also called stock) in a company from a seller to a buyer. Shares (or stock) are units of ownership in a company that are divided among shareholders (also called stockholders).

What does it mean when shares are transferred?

A transfer of shares is the movement of one or more shares in a company from one person (the transferor) to another (the transferee), thereby changing the ownership of the shares and the portion of the company the shares represent.

What is agreement for transfer of shares in India?

Companies Act, 2013 provides for the procedure of transfer of shares by both public and the private company. A Share Transfer Agreement is an agreement that transfers shares from the vendor, to a purchaser corporation in exchange for shares in the purchaser corporation.

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