Document background
The Assignment Of Shares Agreement is a crucial document used in Pakistani corporate transactions when transferring ownership of shares from one party to another. It is essential for both private and public companies operating under Pakistani law, particularly under the Companies Act 2017 and SECP regulations. The agreement is used to document the terms of the share transfer, protect both parties' interests, and ensure regulatory compliance. It includes detailed information about the shares being transferred, consideration, warranties, and completion requirements. This document becomes particularly important in corporate restructuring, mergers and acquisitions, family business successions, or investment transactions. The agreement must comply with Pakistani stamp duty requirements, tax regulations, and where applicable, foreign exchange regulations if international parties are involved.
