Closing mechanism (subject to fulfil of outstanding
formality)?
Q1) What is the closing mechanism in case of
acquisition?
Everything depends on the intentions of the parties. Generally,
in a transaction closing is subject to fulfilment of certain
formalities or events which may be set as conditions precedent as
required by the buyer or the seller. The parties to the transaction
can organize the closing in the manner as convenient to them.
Equally, there may be certain conditions agreed upon as conditions
subsequent to the closing.
Signing/Closing Meetings Documents – Private Company
Share Sales
Q2) What are the closing documents in case of
acquisition in case of acquisition by way of purchase of
shares?
