Transfer Of Shares Agreement South Africa

Where the seller has a duly drafted MOI, there is usually a preferential subscription right for the benefit of the other shareholders included in the MOI or, at the very least, an article providing that any shareholder to whom a despised person wishes to transfer shares must be approved by the other shareholders. PandaTip: This is a share transfer agreement (or shares). This model share transfer agreement is suitable for the transfer of shares in private and public companies and can be used instead of one transfer form or another. This share transfer agreement may also be amended to include special conditions related to the transfer, which would not be possible with a share transfer form and which are likely to transfer shares in several companies and several classes of shares.