Legal measures taken by a holding company while purchasing shares in another company

Dear Questioner,

We will require further information and documents in order to provide you with an accurate answer.

But basically, the company's license, Memorandum of Association, the approval of all shareholders... etc.

If you need any further information or legal assistance, do not hesitate to contact us on the phone or by email.

Regards,

Dear Questioner,

Pursuant to the query, while taking over a new business you need to consider a lot, like the documents which include all lease and purchase agreements, distribution agreements, subcontractor agreements, sales contracts, union contracts, employment agreements, and any other instruments used to legally bind the business.

Also, evaluate all other legal documents such as fictitious business name statements, articles of incorporation, registered trademarks, copyrights, patents, etc.

If you're considering a business with valuable intellectual property, have an attorney evaluate it. Also, you need to consider financial statements for the past 5 years at least. Consider the terms and conditions of liabilities so on.

Further, we need to know your matter in detail to give you proper advice. Kindly contact us on the phone.

Thank you.

Answer-

The audit reports, the valuation done by any auditor (if any). The trade license, MOA, board resolution, NDA, POA (If any) approval from the local sponsor, share sale agreement, etc.

Please call or e-mail us.

Disclaimer-

The above-referred view is not a legal opinion, these opinions cannot be challenged or presented before any court of Law.

It is necessary to make a purchase contract for the shares to be purchased, and this contract is attached to the memorandum of association between all the partners.

For further communication, call us.

I refer to Mr. Khaled Mahmoud Shibl's answer in this regard, however, it's still important to check all relevant documents to give the perfect recommendation in this regard.