Breach Of Shareholders Agreement South Africa – Tuyuri Karin


Breach Of Shareholders Agreement South Africa


Transfer of shares – The transfer of shares may include sale to third parties, assignment in the event of death or incapacity for work, or retirement as an exit strategy. Shareholders often fear the introduction of heirs and beneficiaries into a deceased estate for several reasons, including the lack of ability to strategically influence business. the mechanisms for managing the sale of shares contained in the shareholders` agreement may include subscription rights or preliminary option rights to remaining shareholders with a view to a voluntary and involuntary transfer; or the establishment of a successor retirement plan; or setting up a call-put/call option for the company on retirement dates….