Share Transfer Agreement India

5.1 Subject to the arrival of the diploma or closure under this agreement, the purchaser (“indemnity persons”) undertakes in solidarity to compensate the sellers, the company and their directors, senior executives, agents, agents and employees (“decided persons”) of and against all claims, Debts, shares, procedures, receivables, losses, costs, taxes, damages and expenses that may be collected or incurred by the compensated persons or are the direct consequence of such or such contracts resulting from the commercial activity or the sale/transfer of the sale shares from the date of execution of this contract until the full transfer of the shares to the purchasers of which they are created or related to them. 5.5 Each contracting party heressover states that it is not aware of any issues under its control that could have a negative or adverse effect on the performance of its obligations under this share transfer agreement. one. Unless otherwise stated in this agreement, no rights or obligations arising from this agreement will be transferred or transferred without the prior written consent of the other contracting parties, provided that the purchaser has the right to nominate one of its candidates for the purchase of the shares by the sellers in accordance with this agreement. 4. LACK OF FORMALITY EFFET It is agreed that, if the planned transfer of shares is not effective due to a lack of formalities (including, but not limited, to the non-registration of the transfer in the registers of the company or as a result of a refusal on the part of the directors of the company whose shares are transferred), the transfer of all the shares in the shareholding to the purchaser by establishing trust in the purchaser as a beneficiary, and the assignor is the agent. PandaTip: You can start the pages of this agreement to make sure the calendar can`t be changed later. This is especially important when parties have exchanged confidential information and/or listed companies are involved in a transaction. It is also normal that the terms of the agreement should be confidential and cannot be disclosed without the agreement of both parties. Confidentiality clauses are limited in time between 18 months and two years.

5.11 The securities contained in this share transfer agreement are included only as an editorial reference and do not present part of the share transfer contract for the easier reference. E. The buyer assumes all the responsibilities and responsibilities for costs/sinisters with respect to the company, the shares of the sale and the activities of the company from the date of its creation. Ideally, there should be no following conditions in a share purchase agreement, but this becomes necessary, though rarely. There are authorizations and commitments that are always re-remuary under the following conditions. However, the buyer should be protected in the event of a violation of one of the following conditions. 1.2 The transfer is absolute and covers all rights and obligations related to the shares, including, but not limited to all rights to dividends, voting rights and voting rights, in order to avoid doubting that the dividends due but not yet paid are due and distributed to the purchaser. d.

Necessary notifications must be submitted to the Registrar of Companies to report changes in the company`s management and participation in accordance with the provisions of the 2013 Companies Act. 2.3 The consideration for Shares Sale is the value per share that must be determined by the accountant in practice or the registered valuer in accordance with the applicable legal provisions.

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