The Business Asset Transfer Agreement is a crucial document used when a business wishes to transfer some or all of its assets to another entity in India. It is commonly used in business restructuring, partial business sales, or when acquiring specific business units or assets without taking on the entire corporate entity. The agreement must comply with Indian legal requirements, including those under the Transfer of Property Act 1882, Companies Act 2013, and relevant tax laws. It typically includes detailed provisions for asset identification, valuation, transfer mechanics, warranties, and indemnities. This document is essential for protecting both parties' interests while ensuring a smooth transfer of business assets and associated rights and obligations. It becomes particularly important in complex transactions involving multiple asset classes, employee transfers, or regulatory approvals.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of the transferor and transferee with complete legal details
2. Background: Context of the transaction and brief description of the business and assets being transferred
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Transfer of Assets: Core provision detailing the assets being transferred and confirmation of transfer
5. Purchase Price: Details of consideration, payment terms, adjustments, and payment mechanics
6. Completion: Timing and mechanics of completion, including conditions precedent
7. Pre-Completion Obligations: Obligations of parties between signing and completion, including business conduct
8. Completion Deliverables: List of documents and actions required at completion
9. Representations and Warranties: Standard warranties about the business, assets, and authority to transfer
10. Tax Matters: Allocation of tax liabilities and obligations
11. Indemnification: Indemnity provisions and liability allocation between parties
12. Confidentiality: Provisions regarding confidential information and announcements
13. Notices: Process and details for serving notices under the agreement
14. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction details
15. General Provisions: Standard boilerplate clauses including severability, entire agreement, etc.
1. Employee Transfer: Details of employee transfers and associated obligations - include when employees are being transferred
2. Intellectual Property: Specific provisions for IP transfer and protection - include when IP assets are involved
3. Real Estate: Specific provisions for transfer of real estate assets - include when property is being transferred
4. Transition Services: Framework for post-completion support services - include when ongoing support is needed
5. Regulatory Compliance: Specific regulatory obligations and approvals - include for regulated industries
6. Environmental Matters: Environmental compliance and liability transfer - include for businesses with environmental impact
7. Non-Compete: Restrictions on seller's future business activities - include when competitive protection is needed
8. Contract Assignment: Specific provisions for assignment of key contracts - include when contracts require formal assignment
1. Schedule 1 - Assets List: Detailed inventory of all assets being transferred
2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the transfer
3. Schedule 3 - Purchase Price Calculation: Detailed methodology for calculating final purchase price including adjustments
4. Schedule 4 - Completion Obligations: Detailed list of actions and deliverables required at completion
5. Schedule 5 - Warranties: Detailed warranties given by the seller
6. Schedule 6 - Transferring Employees: List of employees and their terms of employment
7. Schedule 7 - Intellectual Property: Details of all IP assets being transferred
8. Schedule 8 - Material Contracts: List of key contracts being transferred
9. Schedule 9 - Properties: Details of any real estate assets included in the transfer
10. Appendix 1 - Form of Transfer Instruments: Template documents for effecting the transfer of specific assets
Relevant legal definitions
Accounts
Accounting Principles
Adjustment Amount
Affiliate
Agreement
Applicable Law
Assets
Business
Business Day
Business Information
Business Intellectual Property
Claim
Completion
Completion Date
Conditions Precedent
Confidential Information
Consideration
Contract
Control
Cut-off Date
Data Room
Disclosure Letter
Effective Date
Employees
Encumbrance
Environmental Laws
Environmental Permits
Excluded Assets
Excluded Liabilities
Financial Statements
Governmental Authority
GST
Indemnified Party
Indemnifying Party
Intellectual Property Rights
Inventory
IT Systems
Key Employees
Liabilities
Licenses
Long Stop Date
Loss
Material Adverse Change
Material Contracts
Notice
Parties
Permits
Permitted Encumbrances
Properties
Purchase Price
Records
Related Party
Representatives
Seller's Group
Stamp Duty
Takeover Date
Tax
Tax Authority
Tax Return
Third Party
Transaction
Transaction Documents
Transfer
Transferring Employees
Transition Period
Transition Services
Warranties
Working Capital
Accounting Principles
Adjustment Amount
Affiliate
Agreement
Applicable Law
Assets
Business
Business Day
Business Information
Business Intellectual Property
Claim
Completion
Completion Date
Conditions Precedent
Confidential Information
Consideration
Contract
Control
Cut-off Date
Data Room
Disclosure Letter
Effective Date
Employees
Encumbrance
Environmental Laws
Environmental Permits
Excluded Assets
Excluded Liabilities
Financial Statements
Governmental Authority
GST
Indemnified Party
Indemnifying Party
Intellectual Property Rights
Inventory
IT Systems
Key Employees
Liabilities
Licenses
Long Stop Date
Loss
Material Adverse Change
Material Contracts
Notice
Parties
Permits
Permitted Encumbrances
Properties
Purchase Price
Records
Related Party
Representatives
Seller's Group
Stamp Duty
Takeover Date
Tax
Tax Authority
Tax Return
Third Party
Transaction
Transaction Documents
Transfer
Transferring Employees
Transition Period
Transition Services
Warranties
Working Capital
Clauses
Asset Transfer
Purchase Price
Payment Terms
Conditions Precedent
Completion
Pre-Completion Obligations
Post-Completion Obligations
Representations and Warranties
Due Diligence
Employee Transfer
Intellectual Property
Property Transfer
Tax Matters
Indemnification
Confidentiality
Non-Competition
Non-Solicitation
Assignment
Contract Novation
Environmental Compliance
Regulatory Compliance
Transition Services
Books and Records
Insurance
Stamp Duty
Registration
Force Majeure
Dispute Resolution
Governing Law
Jurisdiction
Notices
Amendment
Severability
Entire Agreement
Counterparts
Third Party Rights
Costs and Expenses
Further Assurance
Waiver
Time of Essence
Purchase Price
Payment Terms
Conditions Precedent
Completion
Pre-Completion Obligations
Post-Completion Obligations
Representations and Warranties
Due Diligence
Employee Transfer
Intellectual Property
Property Transfer
Tax Matters
Indemnification
Confidentiality
Non-Competition
Non-Solicitation
Assignment
Contract Novation
Environmental Compliance
Regulatory Compliance
Transition Services
Books and Records
Insurance
Stamp Duty
Registration
Force Majeure
Dispute Resolution
Governing Law
Jurisdiction
Notices
Amendment
Severability
Entire Agreement
Counterparts
Third Party Rights
Costs and Expenses
Further Assurance
Waiver
Time of Essence
Relevant Industries
Manufacturing
Technology
Retail
Healthcare
Real Estate
Hospitality
Financial Services
Professional Services
Industrial
Energy
Telecommunications
Automotive
Agriculture
Construction
Media and Entertainment
Relevant Teams
Legal
Finance
Corporate Development
Mergers & Acquisitions
Tax
Compliance
Human Resources
Operations
Risk Management
Corporate Secretarial
Business Development
Property Management
Asset Management
Relevant Roles
Chief Executive Officer
Chief Financial Officer
General Counsel
Corporate Lawyer
Business Development Manager
Mergers & Acquisitions Director
Finance Director
Commercial Director
Risk Manager
Compliance Officer
Tax Manager
Company Secretary
Operations Director
Human Resources Director
Asset Manager
Property Manager
Investment Manager
Transaction Manager
Find the exact document you need
Assignment And Transfer Of Partnership Rights
An Indian law-compliant agreement for transferring partnership rights and interests from one party to another, including associated rights, obligations, and liabilities.
find out more
Assignment On Intellectual Property Rights
An Indian law-governed agreement for transferring intellectual property rights from an Assignor to an Assignee, ensuring complete and legally compliant transfer of IP ownership.
find out more
Shop Ownership Transfer Agreement
An Indian law-governed agreement facilitating the complete transfer of shop ownership, including property rights, business assets, and operational responsibilities from seller to buyer.
find out more
Trademark Assignment
An Indian law-governed agreement for transferring trademark ownership rights from one party to another, requiring registration with the Indian Trademark Registry.
find out more
Confirmatory Patent Assignment
An Indian law-compliant document that confirms and formalizes a previous transfer of patent rights between parties, ensuring clear title and legal compliance.
find out more
Money Transfer Contract
An Indian law-governed agreement establishing terms for monetary transfers between parties, ensuring regulatory compliance and defining transfer mechanics.
find out more
Transfer Contract
An Indian law-governed agreement facilitating the formal transfer of assets, property, or rights between parties, ensuring legal compliance and protection of interests.
find out more
Assignment Of Intellectual Property Rights
An Indian law-governed agreement for transferring intellectual property rights from one party to another, ensuring legal compliance and protection of transferred IP assets.
find out more
Employee Transfer Agreement
An India-compliant agreement facilitating the formal transfer of an employee between employers while maintaining employment rights and benefits.
find out more
Business Asset Transfer Agreement
An Indian law-governed agreement for the transfer of business assets between entities, detailing terms of sale, asset specifics, and transfer mechanics.
find out more
Simple Business Sale Agreement
An Indian law-governed agreement for the sale and purchase of a business, outlining key terms and conditions for ownership transfer.
find out more
Partial Assignment Of Lease
An Indian law-compliant agreement that enables the transfer of partial lease rights from an existing tenant to a new tenant while maintaining certain rights with the original tenant.
find out more
Note Transfer Agreement
An Indian law-governed agreement facilitating the transfer of a promissory note from one holder to another, including terms of transfer and associated rights.
find out more
Interest Transfer Agreement
An Indian law-governed agreement facilitating the transfer of interests in property, assets, or rights between parties, ensuring compliance with local registration and stamp duty requirements.
find out more
Equity Transfer Contract
An Indian law-governed agreement for the transfer of equity shares between parties, detailing terms, conditions, and regulatory compliance requirements.
find out more
Domain Transfer Agreement
An Indian law-governed agreement facilitating the legal transfer of domain name ownership between parties, ensuring compliance with both domestic IT laws and international domain policies.
find out more
Business Transfer Of Ownership Contract
An Indian law-governed agreement facilitating the complete transfer of business ownership from one party to another, including assets, employees, and liabilities.
find out more
Business Lease Transfer Agreement
An Indian law-governed agreement facilitating the transfer of commercial lease rights and business interests between lessees, with landlord's consent.
find out more
Assignment Of Sublease
A legal document under Indian law that transfers sublease rights and obligations from an existing subtenant to a new subtenant, requiring proper registration and compliance with property laws.
find out more
Assignment Of Limited Partnership Interest
An Indian law-governed agreement for transferring limited partnership interests from one party to another, compliant with Indian partnership legislation.
find out more
Brand Transfer Agreement
An Indian law-governed agreement for transferring ownership of brand assets, including trademarks and associated intellectual property rights, from one entity to another.
find out more
Facility Transfer Agreement
An Indian law-governed agreement facilitating the comprehensive transfer of facility ownership and operational control between entities, ensuring regulatory compliance and structured transition.
find out more
Small Business Transfer Agreement
An Indian law-governed agreement facilitating the complete transfer of a small business from seller to buyer, including assets, operations, and liabilities.
find out more
Loan Takeover Agreement
An agreement governed by Indian law that facilitates the transfer of an existing loan facility from one lender to another, including associated rights and obligations.
find out more
Assignment And Transfer Of Copyright
An Indian law-governed agreement for transferring copyright ownership from one party to another, compliant with the Indian Copyright Act, 1957.
find out more
Transfer Of Property Rights Agreement
An Indian law-compliant agreement facilitating the legal transfer of property rights between parties, governed by the Transfer of Property Act, 1882.
find out more
Software Source Code Transfer Agreement
An Indian law-governed agreement for transferring ownership and rights of software source code between parties, including all associated intellectual property rights.
find out more
Intercompany Employee Transfer Agreement
An India-compliant agreement governing temporary employee transfers between related companies, addressing employment terms, benefits, and regulatory requirements.
find out more
Assignment Of Lease Contract
An Indian law-compliant agreement that transfers lease rights from an existing tenant to a new tenant, with landlord's consent and necessary legal safeguards.
find out more
Assignment Of Interest Agreement
An Indian law-governed agreement facilitating the transfer of rights, titles, or interests from an Assignor to an Assignee, with associated terms and conditions.
find out more
Promissory Note Transfer Agreement
An Indian law-governed agreement documenting the transfer of a promissory note from one holder to another, ensuring legal compliance and enforceability.
find out more
Music Copyright Transfer Agreement
An Indian law-governed agreement for transferring copyright ownership of musical works, compliant with the Indian Copyright Act, 1957, and its amendments.
find out more
Agreement To Transfer Shares Of Private Limited Company
An Indian law-governed agreement facilitating the transfer of shares between parties in a private limited company, ensuring compliance with the Companies Act, 2013.
find out more
Vehicle Ownership Transfer Agreement
A legally binding agreement for vehicle ownership transfer in India, compliant with the Motor Vehicles Act and state regulations.
find out more
Assignment Of Lease By Landlord
An Indian law-compliant document transferring a landlord's lease rights and obligations to a new landlord while preserving existing tenant arrangements.
find out more
Stock Transfer Restriction Agreement
An Indian law-governed agreement that establishes restrictions and procedures for share transfers in private companies, protecting existing shareholders' interests.
find out more
Software Ownership Transfer Agreement
An Indian law-governed agreement for transferring complete ownership rights of software, including IP rights, source code, and related assets.
find out more
Simple IP Assignment Agreement
An Indian law-governed agreement for transferring intellectual property rights from one party to another, ensuring legal compliance and clear ownership transfer.
find out more
Project Transfer Agreement
An Indian law-governed agreement facilitating the transfer of a project between entities, including assets, liabilities, and associated rights and obligations.
find out more
Transfer Of Land Ownership Agreement
An Indian law-compliant agreement facilitating the legal transfer of land ownership between parties, incorporating essential transfer terms and regulatory requirements.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)