Takeover/ Purchase

This query is : Resolved

CS Sandip Rahane (Querist)
Follow

07 September 2009 We r having one Joint venture with another party having 50-50% shareholding. We are purchasing the 50% shareholding of that party and terminationg the JV Agreement with mutual consent of both parties.
So tell me wht is the procedure of the above and also send me the formats of the required documents/ resolution if any.

Waiting ur reply.

Thanking you.

Shaurya

Shaurya (Expert)
Follow

23 September 2009 Hi Sandeep,

This involves various documents to be executed and formalities to be complied with, i.e. Share Purche Agreement, Undertakings, Reps & Warranties, Share Transfer Forms, Resolutions,Rbi Reporting, if required.

Regards,

Shaurya