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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