Deed Of Assignment Of Shares Of Stocks for India
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Deed Of Assignment Of Shares Of Stocks
"I need a Deed of Assignment of Shares/Stocks to transfer 1,000 ordinary shares in my private family business to my son, with the transfer to be completed by March 2025, including standard warranties and basic tax provisions."
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1. Parties: Details of the Assignor (transferor) and Assignee (transferee) including full names, addresses, and registration details if companies
2. Background: Recitals explaining the context of the assignment, including details of share ownership and company information
3. Definitions: Definitions of key terms used throughout the deed
4. Details of Shares: Specific information about the shares being transferred including number, class, and distinctive numbers
5. Consideration: Details of the payment or other consideration for the transfer of shares
6. Assignment: The operative part of the deed containing the actual transfer language
7. Representations and Warranties: Statements and guarantees by the Assignor regarding ownership, authority to transfer, and status of shares
8. Covenants: Promises by both parties regarding actions to be taken to effect the transfer
9. Completion: Details of when and how the transfer will be completed
10. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes
11. Execution: Formal execution block for signatures, witnesses, and stamp duty requirements
1. Tax Indemnity: Used when specific tax implications need to be addressed between the parties
2. Non-Encumbrance Certificate: Required when there's a need to explicitly state that shares are free from any encumbrances
3. Board Approval: Included when company's articles require board approval for share transfers
4. Right of First Refusal Waiver: Required when existing shareholders have waived their right of first refusal
5. Regulatory Compliance: Added for listed companies or when specific regulatory approvals are needed
6. Power of Attorney: Included when one party is acting through an attorney
7. Spousal Consent: Required in cases where shares are held as family property
1. Schedule 1 - Share Details: Detailed list of shares including certificate numbers, distinctive numbers, and other identifying information
2. Schedule 2 - Company Information: Details about the company whose shares are being transferred, including registration number and registered office
3. Schedule 3 - Consideration Calculation: Breakdown of how the consideration was calculated, if complex
4. Schedule 4 - Required Consents: List of all consents and approvals obtained for the transfer
5. Appendix A - Board Resolution: Copy of board resolution approving the transfer, if applicable
6. Appendix B - Share Certificates: Copies of relevant share certificates
7. Appendix C - Required Regulatory Approvals: Copies of any regulatory approvals obtained
Authors
Assignee
Assignment
Business Day
Company
Completion
Completion Date
Consideration
Deed
Effective Date
Encumbrance
Governing Law
Parties
Shares
Share Certificates
Board of Directors
Articles of Association
Memorandum of Association
Register of Members
Regulatory Approvals
SEBI
Stamp Duty
Transfer Deed
Warranties
Working Day
Applicable Law
Affiliate
Confidential Information
Material Adverse Effect
Permitted Transferee
Related Party
Representatives
ROC
Securities
Share Capital
Tax
Transaction Documents
Assignment and Transfer
Consideration
Conditions Precedent
Completion
Representations and Warranties
Covenants
Share Rights
Title and Authority
Non-Encumbrance
Further Assurance
Indemnification
Tax Matters
Costs and Expenses
Notices
Confidentiality
Regulatory Compliance
Governing Law and Jurisdiction
Dispute Resolution
Force Majeure
Severability
Entire Agreement
Amendment and Waiver
Assignment and Succession
Counterparts
Stamp Duty
Board Approval
Shareholder Approval
Power of Attorney
Registration and Filing
Financial Services
Banking
Information Technology
Manufacturing
Real Estate
Healthcare
Retail
Energy
Telecommunications
Professional Services
Media and Entertainment
Infrastructure
Education
Automotive
Pharmaceuticals
Legal
Compliance
Corporate Secretarial
Finance
Corporate Development
Mergers & Acquisitions
Investment Banking
Due Diligence
Risk Management
Corporate Governance
Regulatory Affairs
Company Secretary
Legal Counsel
Corporate Lawyer
Compliance Officer
Chief Legal Officer
Investment Banker
M&A Director
Chief Financial Officer
Finance Director
Corporate Finance Manager
Business Development Director
Private Equity Manager
Venture Capital Associate
Transaction Advisory Manager
Due Diligence Specialist
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