Essentials Of A Shareholders' Agreement

What are the Essentials of a Shareholders’ Agreement /Joint Venture Agreement /LLP Partnership Agreement ?What points to be kept in mind before drafting a Shareholders' Agreement?

Answer (1)

Team Legistify

  • Sector-1, Noida

Before one starts drafting a Shareholders’ Agreement (SHA) (often called Joint Venture Agreement in India) or a LLP Partnership Deed (PD), one must realize that the SHA / PD is not a document for the government or the courts. SHA / PD is a working document and should be drafted with business essentials in focus.One surely needs professional help in drafting an SHA / PD. However, beware of a legal professional who has no experience of business and is only adept at steering his clients through courts.It is the legal professional’s job to convert your key points into an SHA / PD.

Answered on 28 Sep 2018

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