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Importance of Share Purchase Agreement

A share purchase agreement (SPA) is a contract among two businesses or individuals in which the trader consents to sell a declared sum of shares to the client at an estimated price. The goal of this document is to demonstrate the conditions of the contract and make sure they are commonly agreed upon. Such a contract details the consideration and the sum of shares to be sold, the terms criterion (for instance, the approvals required) and agreement by the parties. The portion or the sum of the shares will be allocated after the contract is sealed and signed (depending on the grounds of the agreement.)

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Registration Process

Online Registration

Benefits of a Share Purchase Agreement

Business Alertness

As a vital business habit, SPA is undertaken during the onboarding process of a to be shareowner. Although several recent companies plan to begin unintentionally, the lack of such an agreement could lead to many unnecessary outcomes which could have been easily avoided.

Secures the People Involved

A Share Purchase contract secures the people involved as it gives the liberty for both to guard their concerns well ahead of the transfer of shares. As an all-inclusive agreement, it protects all facets of the business dealings and is vital for the parties involved to analyse every condition included in the agreement and thereby comprehend its meaning.

Share Purchase Agreement Process

3 BUSINESS DAYS

Upon contact, your request to file for a Vendor Agreement will be received and our representative will be in touch with you to take your request forward. If we need more information from your end, we will call you as and when required. After we receive all your details, our in-house lawyers and legal experts, will create the Vendor Agreement and send it across for your view within 2- 4 business days.

2 BUSINESS DAYS

Your original price includes two rounds of iterations. Therefore, if you need any changes done to the Vendor Agreement, our lawyers will do the needful and send it across to you for your view once again.

Why Bright Legal Registration Services

LEGAL EXPERTS AT YOUR REACH

At Bright Legal Registration Services, we can deliver all your documentation requirements in just four working days. And if you're not totally satisfied, we'll take another couple of days to work on the modifications you need. All at the lowest price, both online and offline.

9.1 CUSTOMER SCORE

We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.

200+ STRONG TEAM

Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we'll try to ensure that your doubts are cleared before they even arise.

FAQs on Provisional Patent

A patentable invention can be any (1) Art, process, method or manner of manufacture, (2) Machine, apparatus or other articles, (3) Substances produced by manufacturing, (4) Computer software with technical application to industry or used with Hardware, and (5) Product patent for food, chemicals, medicines and drugs.

20 years from the date of filing for a provisional or permanent patent, the patent falls into the public domain.

The details of the invention on a CD or pen drive, along with its name, comparison with existing products, uses and date of publication (if any). Applicant information is also required.

A patentee must disclose the invension in the patent document for anyone to practice it after the expiry of the patent or practice it with the consent of the patent holder during the life of the patent.

It is, therefore, effective only in India. However, filing an application in India enables the applicant to file a corresponding application for same invention in convention countries, within or before expiry of twelve months from the filing date in India. Therefore, separate patents should be obtained in each country where the applicant requires protection of his invention in those countries. There is no patent valid worldwide.

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