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A shareholders’ agreement is an arrangement between the Company’s shareholders that describes how the Company should be operated and outlines their rights and obligations. A shareholders’ agreement is created with the purpose of protecting both the business and its shareholders. It ensures the shareholders are treated fairly and their rights are protected.
Generally, there is no legal requirement for a limited company to have a Shareholders Agreement, but it is strongly recommending every limited company to have one, even if it is just, you and your spouse (and perhaps more so!). Once a shareholders’ agreement has been signed it should be legally binding on all the members.
ComplianceIndia can help obtain draft format of Shareholders’ Agreement quickly and hassle-free.
How to proceed?
We will provide a Shareholders’ Agreement format on request which can be used by the Company to prepare and finalise Shareholders’ Agreement defining the functioning of the Company and rights and responsibilities of the shareholders of the Company. Such an agreement is to be drafted on Company’s letter head and has to be duly signed by the Board of Directors or authorised signatory of the Company.
Let us provide a draft personalized and customized copy of Shareholders’ Agreement to you based on your needs.