8.1 This transfer of shares is under the exclusive jurisdiction of the laws of [STATE AND COUNTRY]. 5.14 This share transfer contract can be executed either as an original or in addition to a pendant. 5.12 This share transfer agreement may be carried out in more than one language between the parties and, in the event of a conflict between the various translations of this share transfer agreement, the English version prevails. If conditions are included in the agreement, these conditions must also be met in order for the transaction to continue. If this is not the case, either party (or, in some cases, both parties) may have the right to withdraw from the agreement. PandaTip: This is an agreement to transfer shares (or shares). This share transfer agreement can be used to transfer shares to private and public companies and can be used instead of a relocation form or in addition to one. This share transfer agreement can also be amended to include all special transfer-related conditions that would not be possible with a re-metization form and that would be suitable for the transfer of shares in more than one company and in several classes of shares. The business transfer contract is legally binding if it is printed on an electronic stamp or stamp paper, signed and dated by both the seller and the buyer. The value of the buffer paper depends on the state in which it is executed. Each state of India has provisions on the amount of stamp duty payable on these agreements. Information on stamp duty can be found on the government`s websites.
For example, the Karnataka State website provides stamp duty details on payment agreements, such as the Delhi site. 5.11 The securities contained in this share transfer agreement are included only as an editorial reference and do not present part of the share transfer contract for the easier reference. 1.2 The transfer is absolute and covers all rights and obligations related to the shares, including, but not limited to all rights to dividends, voting rights and voting rights, in order to avoid doubting that the dividends due but not yet paid are due and distributed to the purchaser. 5.13 In the event that a clause (or part of a clause) is found to be unlawful or invalidated by a competent court or other legal authority, this has only the effect of nullity and absence of that clause (or part of a clause) and will not invalidate that share transfer contract entirely. 5.16 The assignor presents himself irrevocably and undertakes to compensate and compensate the purchaser for any loss resulting from a breach of the guarantees or other conditions of this share transfer agreement. 5.8 Each party ensures that it does not take any action that could affect, obstruct or affect the obligations of the other party set out in this share transfer agreement. PandaTip: Add the fees here. If the shares are transferred as a gift, then you should list $10 as a cost.
This is because, in many states and countries, a contract requires some prejudice or loss on behalf of both parties (even if it is a nominal amount). 5.10 Unless the text of a clause and the entire share transfer contract indicate that a specific clause must mean something other than: all words that are only in the singular are considered plural (and vice versa) and all words indicated in a given sex are considered to be all sexes and all terms that refer to any form of person or person , are considered to be both legal entities (for example. B companies) and individuals (and vice versa).