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Services > Business > Business Corporations > Issue, redemption, transfer, conversion > Resolution - Corporate shareholder acquiring shares of another company

Resolution - Corporate shareholder acquiring shares of another company

Need a board resolution for a share acquisition? Opt for a complete, tailored document that goes far beyond simple templates. Every stock corporation deserves tailor-made solutions, even for the simplest situations...more

  1. Fill in a form
  2. Print the resolution
  3. Sign
 

Description

Rights and obligations of the shareholders of a business corporation
  • This service is essential when a company wishes to acquire, by way of transfer, shares in the share capital of another company company which is the issuer of the shares. This process broadens the company's stake in other entities and strengthens its strategic position.
  • In this context, it is often crucial to appoint a fondé de pouvoir as soon as the shares are accepted and issued by the issuing company. This representative ensures efficient management of new acquisitions and that the company's interests are protected throughout the process.
  • The resolution for a share purchase, available on this site, is designed to meet the needs of the majority of companies, even for relatively simple situations. This service also includes all the necessary documentation, as indicated in the tab "Summary".
  • Explore our legal FAQ for detailed information about corporations.
  • In general, any decision concerning a company must be formalized by a resolution adopted by its board of directors or by its shareholders if there has been a total withdrawal of directors' powers under a unanimous agreement of the company's shareholders in force.
  • All resolutions of the companymust be carefully preserved in its minute book, ensuring traceability and legal compliance.
  • The Loi sur la publicité légale stipulates that companies must promptly update the identification of majority shareholders and ultimate beneficiaries with the Registre des entreprises du Québec (REQ).
  • This crucial requirement is intended to ensure the transparency and accuracy of public information about companies, making it easier for the public and authorities to verify their legitimacy, and reinforcing confidence and security in Quebec's business ecosystem.
  • Other services offered

    Summary

    The share purchase resolution includes the following documentation, namely:

    • Resolution of the company wishing to purchase shares in another company by way of transfer;

    And, if applicable:

    • Proxy to vote granted to its proxy for shareholder meetings of the the issuing company;
    • The declaration of intervention to any shareholder agreement already in existence within the issuing company;

    Price

    Resolution - Corporate shareholder acquiring shares of another company $18

    Available option

    Questionnaires review with a member of our legal team
    No discount or credit is applicable to this option.
    $60
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    Related videos

    Rights and obligations of the shareholders of a business corporation
    How to create your document

    * These fees may be changed within a 60-day notice and in accordance with section 71 of the Code of ethics of notaries.

    GST and QST not included.

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