Articles of Association, company, contract, Shareholders’ agreement, transferability of shares
1 article · search the full text for this term
-
Legal Issues Involved in Share Transfer Restrictions in Case of Private Company
Abstract: A Shareholders’ agreement (SHA) in a company is a private document unlike the Articles ofAssociation (AOA). For the maintenance of confidentiality of terms, the parties are motivated to enterinto an SHA. The main advantage of entering into a separate SHA instead of incorporating the termsof agreement in the AOA is maintenance of confidentiality. Shares of a company are considered to bemovable property. Shares of the company are also personal property. …
Published in NOLEGEIN Journal of Corporate & Business Laws · Vol. 4, Issue 2, 2021 · pp. 18–24 Read article