Purchase of company without reflecting share transfer
This query is : Open
12 December 2020
hi,
i solicit your inputs/expert advise on various options for purchase/change ownership of a private limited company without reflecting share transfer; the company is executing few contracts with PSU/Govt Company and one of the conditions that should there be any assignment/transfer of ownership during the agreement term, the PSU/Contractor has an option to cancel the contract;
therefore, wanted to understand the options available to Buyer to purchase the company and get the ownership, however, it should not be by way of share transfer, so to comply with agreement conditions and once the term is over, share transfer can be effected.
look forward to your considered opinions.
thnx
i solicit your inputs/expert advise on various options for purchase/change ownership of a private limited company without reflecting share transfer; the company is executing few contracts with PSU/Govt Company and one of the conditions that should there be any assignment/transfer of ownership during the agreement term, the PSU/Contractor has an option to cancel the contract;
therefore, wanted to understand the options available to Buyer to purchase the company and get the ownership, however, it should not be by way of share transfer, so to comply with agreement conditions and once the term is over, share transfer can be effected.
look forward to your considered opinions.
thnx
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