Specimen of a Share Purchase Agreement
THIS SHARE PURCHASE AGREEMENT is entered into on this [●] day of [March], 2008 at [Mumbai / New Delhi]
AMONGST
1) ______________ an individual, residing at _____________(hereinafter referred to as a “Seller No. 1” which expression shall, unless repugnant to the context thereof, means and includes his legal heirs, executors, administrators, and permitted assigns) of the FIRST PART;
AND
(2) _________ having its principal place of business at _______052, (hereinafter referred to as a “Seller No. 2” which expression shall, unless repugnant to the context thereof, means and includes its legal heirs, executors, administrators, and permitted assigns) of the SECOND PART;
AND
(3) _________having its principal place of business at -______________________ 052 (hereinafter referred to as a “Seller No. 3” which expression shall, unless repugnant to the context thereof, means and includes its legal heirs, executors, administrators, and permitted assigns) of the THIRD PART;
AND
(4) ____________________ an individual, residing at _____________052 (hereinafter referred to as a “Seller No. 4” which expression shall, unless repugnant to the context thereof, mean and include her legal heirs, executors, administrators, and permitted assigns) of the FOURTH PART;
AND
(5) Mrs. Sarla Totla, an individual, residing at AD-97, Shalimar Bagh, Delhi 110 052 (hereinafter referred to as a “Seller No. 5” which expression shall, unless repugnant to the context thereof, mean and include her legal heirs, executors, administrators, and permitted assigns of the FIFTH PART; AND
(12) _____________, a company incorporated under the provisions of the Companies Act, 1956 and having its registered office at ______________________ (hereinafter referred to as the “Purchaser” which expression shall, unless repugnant to the context thereof, mean and include its successors, administrators, and permitted assigns) of the ________________
(the Parties of the
AMONGST
1) ______________ an individual, residing at _____________(hereinafter referred to as a “Seller No. 1” which expression shall, unless repugnant to the context thereof, means and includes his legal heirs, executors, administrators, and permitted assigns) of the FIRST PART;
AND
(2) _________ having its principal place of business at _______052, (hereinafter referred to as a “Seller No. 2” which expression shall, unless repugnant to the context thereof, means and includes its legal heirs, executors, administrators, and permitted assigns) of the SECOND PART;
AND
(3) _________having its principal place of business at -______________________ 052 (hereinafter referred to as a “Seller No. 3” which expression shall, unless repugnant to the context thereof, means and includes its legal heirs, executors, administrators, and permitted assigns) of the THIRD PART;
AND
(4) ____________________ an individual, residing at _____________052 (hereinafter referred to as a “Seller No. 4” which expression shall, unless repugnant to the context thereof, mean and include her legal heirs, executors, administrators, and permitted assigns) of the FOURTH PART;
AND
(5) Mrs. Sarla Totla, an individual, residing at AD-97, Shalimar Bagh, Delhi 110 052 (hereinafter referred to as a “Seller No. 5” which expression shall, unless repugnant to the context thereof, mean and include her legal heirs, executors, administrators, and permitted assigns of the FIFTH PART; AND
(12) _____________, a company incorporated under the provisions of the Companies Act, 1956 and having its registered office at ______________________ (hereinafter referred to as the “Purchaser” which expression shall, unless repugnant to the context thereof, mean and include its successors, administrators, and permitted assigns) of the ________________
(the Parties of the