Shareholder's Agreement
A shareholder's agreement is an arrangement among a company's shareholders describing how the company should be operated and the shareholder's relationship, the management of the company, ownership of shares and privileges and protection of shareholders. Thus a shareholder's agreement contains rights and obligations of shareholders of a company, and it also covers matters, governing the management and the structure, initial funding, as well as the administration and business activities of the Company.
A shareholder's Agreement is a significant and useful document, because it provides a mechanism, for setting out the principles, upon which the shareholders or partners, in a joint venture agree to run their business.
Define rights: A shareholders agreement is helpful in defining the powers of a shareholder and the rights one obtains.
Procedure
- ● A well efficient/competent corporate professional/lawyer from our team shall contact you, and explain you the total process, and will understand the compliance of the ROC, and accordingly our competent lawyer or CS/CA shall be draft you’re Shareholder Agreement.
- ● Once the objectives of the shareholder agreement are final, the lawyer or CS/CA shall draft a sample shareholder agreement accordingly.
- ● The shareholder agreement draft shall be sent to you, for your review.
- ● Once you approve it, it shall be served to the other party.
- ● The whole process takes around 2-3 working days.
