Document background
A Share Transfer Agreement is a crucial document used in Pakistani corporate transactions to formalize and execute the transfer of shares between parties. It is primarily used when shareholders wish to sell or transfer their shareholding in a company to other parties, whether existing shareholders or new investors. The agreement must comply with the Companies Act 2017 and other relevant Pakistani legislation, including requirements for stamp duty, securities regulations, and tax provisions. This document typically includes details about the shares being transferred, purchase price, payment terms, warranties about the shares' status, and the process for completing the transfer. It's particularly important in private company transactions where shares are not traded on public markets and require formal documentation of the transfer process.
