24-Nov-2022 09:14 AM
Sir share purchase agreement nd shareholders agreement are one of the same thing??
No, Share purchase agreement and Shareholders agreement both are different things. Shareholder’s agreement is primarily entered to rectify the disputes that occurred between the company and the Shareholder. Meanwhile, the Share Purchase agreement is a document that legalizes the process of transaction of share held between the buyer and the seller. Share Purchase Agreement is a legally-binding agreement drafted for the purpose of transfer of shares from the seller to the buyers. Shareholder Agreement is an agreement entered into to define the obligations & rights of the company and the shareholders.
Answer given by Shubhamm Sir at 28-Nov-2022 05:11 PM
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