3. COST OF TRANSFER It is agreed that the registration fee for the transfer of the shares (if any) will be borne by the purchaser. 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). 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. PandaTip: When the transferred shares are sold, the “transferor” means the seller and the “seller” the buyer. 4. RESULTS OF THE FORMALITÉ IT is agreed that if the planned transfer of shares will not be effective due to a lack of formalities (including, but not only the incorrect registration of the transfer in the company`s registers or following a refusal by the directors of the company whose shares are transferred), the transfer of all economic shares of the shares by the creation of a trust in favour of the beneficiary in which the shares form the subject, and the assignor is the agent. Once completed and signed by all parties, this business transfer agreement constitutes a binding agreement between the parties, which allows them to conclude agreements to transfer the transaction.
8.1 This transfer of shares is under the exclusive jurisdiction of the laws of [STATE AND COUNTRY]. 2. TRANSFERT PRICE It is agreed that the shares will be transferred at the price of [PRICE]. 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. This share transfer agreement (the “agreement”) defines the conditions under which [TRANSFEROR NAME] (the “Transferor”), a company, which is duly registered in accordance with [STATE` law] with the registered number [REGISTERED NUMBER] and which has its address registered under [REGISTERED ADDRESS], that it transfers certain shares held by it to [TRANSFEREE NAME] (the “Transferee”), a company duly registered in accordance with the law of [STATE] with the registered number [REGISTERED NUMBER] and which has its address registered with [REGISTERED NUMBER] ADDRESS] (together), the “parties”). PandaTip: Add the fees here. If the shares are transferred as a gift, then you should list $10 as a cost.