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Barend B.
Barend B., Legal Consultant
Category: South Africa Law
Satisfied Customers: 1355
Experience:  BLC LLB (Pret) LLM (Augsburg)
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We are looking wording to draw up a resolution

Customer Question

We are looking for a wording to draw up a resolution for the sale of shares
Submitted: 1 year ago.
Category: South Africa Law
Expert:  Mike Otis replied 1 year ago.
Welcome, and thank you for your question. In order to enable me to assist, kindly provide further details:1. Please provide a general description of the transaction that you wish to conclude.2. When you refer to resolution, please elaborate - are there any restrictions contained in the company's memorandum of incorporation that would require a resolution authorising the sale of share? Or are you referring to the contract for the sale of shares?3. Is this a sale of existing shares or a new issue of shares?4. Are there any specific conditions attached to the proposed transaction?Regards,