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Transfer of Shares
Routine transfer of shares templates required in a private limited company, without a separate sale and purchase agreement. If the transfer is in connection with a negotiated sale and purchase of shares, see Buying or Selling a Company.
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A transfer of shares can occur in various situations, such as a transfer between family members or business partners, the sale of all or part of the company or for tax planning purposes.
This section on the transfer of shares includes documents necessary for a standard transfer of shares in a private limited company, without a separate sale and purchase agreement for them. For transfers involving a negotiated sale and purchase of shares, see Buying or Selling a Company.
The transfer process will also depend on whether share transfers are restricted or regulated by the company’s Articles of Association or, if applicable, the company’s Shareholders Agreement. For instance, the transfer might be subject to a pre-emption procedure, where other shareholders have the right of first refusal to purchase the shares being transferred.
