Tag : #Shareholder's

A PRACTICAL GUIDE TO THE SHAREHOLDER’S AGREEMENT

Bhavpreet Singh Soni Nov 22, 2020 0 251

Shareholders of a private company generally emphasize personal relationships with each other to operate the business. Death, Disability, or Bankruptcy of one of the Shareholders might need a transfer of the shareholders’ stock to existing shareholders, as opposed to the deceased shareholder’s beneficiaries inheriting those shares.

Business

HOW TO DRAFT A SHAREHOLDERS’ AGREEMENT

Bhavpreet Singh Soni Nov 7, 2020 0 195

The preservation of compatibility and harmony between two parties working together is as crucial as any legal procedure. It has a far-reaching effect on the efficiency of the members and thus should be given utmost attention. In order to maintain the effectiveness and efficiency of the company, a shareholders’ agreement should be drafted by an expert with proper guidelines mentioned in it. A shareholders’ agreement is an agreement signed between the shareholders of a company. It specifies safety and protection rights for the members along with their duties and obligations. The main aim of these agreements is to provide transparency regarding the format in which the company should be operated.