Share Purchase Agreement

Share Purchase Agreement

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Most-preferred legal service provider for Share Purchase Agreement in India. Get the legal support and guidance you need today!

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  • Agreement Drafting
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  • DSC/DIN/DPIN/PAN/TAN

About Share Purchase Agreement

A share purchase agreement is a legal contract between a seller and a buyer. They may also be referred to as the vendor and purchaser in the contract. The specific number of shares are listed in the contract at the stated price. This agreement proves that the sale and the terms surrounding it were agreed upon mutually.

If a corporation or individual is purchasing or selling shares in the company with another business or person, they should use a share purchase agreement. When all of the shares are purchased, the purchase of a business agreement can be used instead. A share purchase agreement has information about the company that the shares are being transferred for, the seller and purchaser of shares, what law covers the agreement, the type of shares being sold, and how many shares are being sold and at what price.

The agreement also contains payment details, including whether a deposit is necessary when the complete payment is due, and the closing date of the agreement. The biggest advantage of a shareholder agreement is that there is no third party involvement. Additionally, on completion, the seller of shares will have no liability for the debts of the business, which become the responsibility of the new owners.

Documents Required

  • Self Attested PAN Card copy
  • Self Attested copy of any one of the Identity Proof(Voter's ID/Passport/Driver's License)
  • Self Attested copy of Address Proof in the name of director (Any utility bill i.e., mobile bill/water bill/ electricity bill, or bank statement which should not be older than two months)
  • Passport-sized photograph
  • Rent Agreement (Notarised: For rented property)
  • Sale Deed/Property Deed in English (in case of owned property)
  • No-objection Certificate from property owner
  • Latest Electricity Bill / Mobile or Telephone Bill / Latest Bank Statement/Gas Bill
Share Purchase Agreement

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Share Purchase Agreement

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