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Buy-Sell Agreements

Buy-sell agreements are contracts that outline the terms under which business owners can sell their interests in the company, ensuring a smooth transition. The Valuation Methods are Income approach, market approach and asset approach. The most Common Triggers are Death, disability, retirement, or voluntary sale.
Our Services
  • Drafting comprehensive buy-sell agreements.
  • Review and negotiation of existing contracts.
  • Advisory on legal implications and enforceability.
  • Litigation support for contract disputes.
Procedure for Establishing Buy-Sell Agreements
  • Valuation: Determine the fair market value of the business interest.
  • Drafting Agreement: Create a detailed buy-sell agreement.
  • Review: Conduct a thorough review with all parties involved.
  • Execution: Finalize the agreement with signatures.
  • Implementation: Ensure compliance with the terms of the agreement.
Relevant Laws and Acts
  • Partnership Act, 1932
  • Companies Act, 2017

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