TL;DR: A shareholders’ agreement earns its value the day shareholders disagree, not the day it’s signed. The provisions that matter most in practice are the ones most founders skip in the excitement of starting a business: how decisions actually get made, what happens when two equal shareholders reach a genuine deadlock, who has first right […]
Tag Archives: Shareholders
16
Nov
Nov
TL;DR: A shareholders’ agreement and your company’s Articles of Association do different jobs, and confusing them is the single most common drafting mistake. The Articles are a public, statutory document filed with the Registrar of Companies, governed by the Companies Act, 2013, and legally binding on the company itself. A shareholders’ agreement is a private […]
12
May
May
TL;DR: A shareholders’ agreement is a private contract between a company’s shareholders that defines their rights, decision-making authority, and what happens to shares when someone wants to sell, exit, or when the company itself is sold. This page shows what one actually looks like in practice: the recitals, the definitions, the operative clauses, and the […]