Resolution - Corporate shareholder acquiring shares of another company

Description

Rights and obligations of the shareholders of a business corporation

• This service is indispensable when a company wishes to acquire, by way of transfer, shares in the share capital of another company. This process enables the company to broaden its stake in other entities and strengthen its strategic position.
• In this context, it is often crucial to appoint a#G[proxy]G[422]G#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 share purchase resolution available on this site is designed to meet the needs of most companies, even in relatively straightforward situations. This service also includes all the necessary documentation, as indicated in the " Summary " tab.

• 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.
• All company resolutions must be carefully preserved in the company's minute book, ensuring traceability and legal compliance.
• The Legal Publicity Act 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 aims 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

This resolution service includes the following documentation, namely:

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

And, where applicable:

• The proxy given to the proxyholder to vote at shareholders meetings of the issuing corporation;
• Notice of intervention to any existing shareholder agreement of the issuing corporation;

Price

Available option