Description
The templates are to be used to approve the proposed disposal of shares in a subsidiary by your Company. It sets out all the relevant matters which would typically be required to be resolved by any private limited company in Singapore prior to the entry into a sales and purchase agreement or execution of instrument(s) of transfer. We have templates catered for 2 types of scenarios: –
- Director(s) deemed interested in the proposed disposal of shares in subsidiary
- Director(s) not deemed interested in the proposed disposal of shares in subsidiary
What you'll get
This download contains templates for: –
- Board Resolution to approve proposed entry into a sales and purchase agreement to dispose shares in subsidiary
- Board Resolution to approve proposed execution of instrument(s) of transfer to dispose shares in subsidiary
- Form 156 – Director’s Disclosure of Interests in transactions, property, offices etc.
- Checklist for Disposal of Shares
