tiktok³ÉÈ˰æ

Purchase Sale Agreement Business Template for India

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Purchase Sale Agreement Business

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Purchase Sale Agreement Business

"I need a Purchase Sale Agreement Business for selling my manufacturing company in Mumbai, India to a foreign buyer, with completion planned for March 2025, including specific provisions for technology transfer and employee retention."

Document background
The Purchase Sale Agreement Business is a crucial legal instrument used in Indian business transactions for transferring ownership of an entire business or substantial business assets from one party to another. This document is essential when conducting business acquisitions, mergers, or complete business transfers in India, and must comply with various Indian legislations including the Companies Act, 2013, Indian Contract Act, 1872, and relevant tax laws. The agreement comprehensively covers all aspects of the transaction, from purchase price and payment terms to warranties, indemnities, and post-completion obligations. It's particularly important as it provides legal protection to both parties by clearly defining the terms of sale, responsibilities, and liabilities, while ensuring smooth transition of business operations, assets, employees, and contractual relationships.
Suggested Sections

1. Parties: Identification and details of the seller and purchaser

2. Background: Context of the transaction and brief description of the business being sold

3. Definitions: Definitions of key terms used throughout the agreement

4. Sale and Purchase: Core transaction terms including the assets/business being sold and purchase price

5. Purchase Price and Payment: Detailed payment terms, including payment method, installments if any, and adjustments

6. Conditions Precedent: Conditions that must be satisfied before completion of the sale

7. Completion: Details of when and how the transfer will take place

8. Seller's Warranties: Representations and warranties regarding the business, assets, and liabilities

9. Purchaser's Warranties: Representations and warranties from the purchaser regarding capacity and authority

10. Employee Matters: Treatment of employees and related liabilities post-transfer

11. Handover: Process for transferring business operations, assets, and documentation

12. Confidentiality: Obligations regarding confidential information

13. Non-Compete: Restrictions on seller's future business activities

14. Indemnification: Mutual indemnification provisions for breaches and claims

15. Governing Law and Jurisdiction: Applicable law and dispute resolution mechanisms

16. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

Optional Sections

1. Intellectual Property Rights: Detailed provisions for transfer of IP rights, used when the business has significant IP assets

2. Real Estate: Specific provisions for transfer of property, required when real estate is part of the sale

3. Environmental Matters: Environmental warranties and indemnities, necessary for businesses with environmental impacts

4. Tax Matters: Detailed tax provisions and allocations, important for complex tax structures

5. Third Party Consents: Process for obtaining necessary third-party approvals, used when key contracts require consent for transfer

6. Post-Completion Adjustments: Mechanisms for price adjustments based on completion accounts, used in larger transactions

7. Transitional Services: Terms for post-completion support from seller, needed when business continuity requires seller's assistance

8. Earn-out Provisions: Structure for additional payments based on future performance, used in performance-based deals

Suggested Schedules

1. Schedule 1 - Business Assets: Detailed list of all assets included in the sale

2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the sale

3. Schedule 3 - Properties: Details of any real estate included in the sale

4. Schedule 4 - Intellectual Property: List of all IP rights being transferred

5. Schedule 5 - Employee Information: Details of transferring employees and their terms

6. Schedule 6 - Material Contracts: List of key business contracts being transferred

7. Schedule 7 - Liabilities: Details of assumed and excluded liabilities

8. Schedule 8 - Completion Deliverables: List of documents and items to be delivered at completion

9. Appendix A - Form of Transfer Deed: Template for asset transfer documentation

10. Appendix B - Completion Accounts: Format and principles for preparation of completion accounts

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions


















































Clauses











































Relevant Industries

Manufacturing

Retail

Technology

Healthcare

Hospitality

Professional Services

Real Estate

Construction

Education

Financial Services

Logistics

E-commerce

Agriculture

Entertainment

Automotive

Relevant Teams

Legal

Finance

Corporate Development

Mergers & Acquisitions

Human Resources

Operations

Compliance

Risk Management

Tax

Strategy

Business Development

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Managing Director

Legal Counsel

Corporate Lawyer

Business Development Manager

Mergers & Acquisitions Director

Company Secretary

Finance Director

Operations Director

Human Resources Director

Risk Manager

Compliance Officer

Transaction Advisory Manager

Business Owner

Investment Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Car Sell Agreement Form

An Indian law-compliant agreement for the sale and transfer of ownership of a motor vehicle, detailing vehicle specifications, conditions, and transfer terms.

find out more

Aircraft Pre Purchase Agreement

An Indian law-governed agreement setting out terms and conditions for aircraft inspection and potential purchase, incorporating local aviation regulations and international standards.

find out more

Sell Agreement Of Land

A legally binding agreement for land transfer in India, compliant with the Transfer of Property Act and Registration Act, detailing sale terms and conditions.

find out more

Real Estate Purchase And Sale Agreement Form

An Indian law-governed agreement documenting the terms and conditions for the sale and purchase of real estate property, ensuring legal compliance and protecting parties' interests.

find out more

Purchase Sale Agreement Business

An Indian law-governed agreement facilitating the complete transfer of business ownership from seller to buyer, including assets, liabilities, and operational elements.

find out more

Agreement To Sell And Contract Of Sale

An Indian law-governed document combining an agreement to sell and final sale contract for property transfer, compliant with the Transfer of Property Act and Indian Contract Act.

find out more

Realty Purchase Agreement

An Indian law-governed agreement documenting the legal transfer of real estate ownership between seller and buyer, including all essential terms and conditions of the sale.

find out more

Buy Sell Agreement Life (Insurance)

An Indian law-governed agreement establishing life insurance-funded business ownership transfer mechanisms upon specified triggering events.

find out more

Boat Purchase And Sale Agreement

An Indian law-governed agreement for the sale and purchase of marine vessels, ensuring compliant transfer of ownership and protecting both parties' interests.

find out more

Agreement For Sale Of Business

An Indian law-governed agreement detailing the terms and conditions for the transfer of business ownership from seller to purchaser.

find out more

Real Estate Contract Of Sale

An Indian law-governed agreement documenting the sale and transfer of real estate property between parties, compliant with the Transfer of Property Act and state property laws.

find out more

Business Sale Contract

An Indian law-governed agreement for the sale and purchase of a business, detailing transfer terms, assets, liabilities, and regulatory compliance requirements.

find out more

For Sale By Owner House Contract

An Indian law-compliant contract for direct property sale between owner and buyer without real estate agent involvement.

find out more

Conditional Purchase Agreement

An Indian law-governed agreement establishing terms for a purchase transaction subject to specific conditions, defining rights and obligations of parties until completion.

find out more

Assignment Of Contract To Sell

An Indian law-compliant document that transfers rights and obligations under an existing Contract to Sell from the original seller to a new seller, with the original buyer's consent.

find out more

Vessel Purchase And Sale Agreement

An Indian law-governed agreement for the sale and purchase of a vessel, detailing terms, conditions, and regulatory requirements under Indian maritime law.

find out more

Travel Trailer Purchase Agreement

An Indian law-governed agreement for the purchase and sale of a travel trailer, detailing terms, conditions, and ownership transfer requirements.

find out more

Escrow Purchase Agreement

An Indian law-governed agreement establishing terms for a purchase transaction through escrow arrangement between buyer, seller, and escrow agent.

find out more

Entity Purchase Buy Sell Agreement

An Indian law-governed agreement outlining terms and conditions for the purchase and sale of a business entity, including price, warranties, and completion requirements.

find out more

Company Buy Sell Agreement

An Indian law-governed agreement establishing terms and procedures for company share transfers between shareholders, including valuation methods and transfer mechanisms.

find out more

Agreement To Sell Personal Property

An Indian law-compliant agreement documenting the sale and transfer of personal property between parties, including terms, conditions, and ownership transfer details.

find out more

Assignment Of Real Estate Purchase Contract

An Indian law-governed document that transfers rights and obligations under a real estate purchase contract from an original purchaser to a new purchaser.

find out more

Assignment Of Contract Of Purchase And Sale

A legal instrument under Indian law that transfers rights and obligations of a purchase and sale agreement from the original purchaser to a new party.

find out more

Agreement For House Purchase

A legally binding agreement under Indian law for the sale and purchase of residential property, detailing terms, conditions, and obligations of the transaction.

find out more

Agreement To Sell Real Estate Form

A legally binding preliminary contract under Indian law that establishes terms and conditions for the sale of real estate property between seller and purchaser.

find out more

Land For Sale By Owner Contract

An Indian law-governed agreement for direct land sale between owner and buyer, detailing property transfer terms and conditions.

find out more

Assignment Of Asset Purchase Agreement

An Indian law-governed agreement transferring rights and obligations under an existing Asset Purchase Agreement from the original buyer to a new party.

find out more

Simple Commercial Real Estate Purchase Agreement

An Indian law-governed agreement for commercial real estate purchase, outlining terms, conditions, and requirements for property transfer.

find out more

Purchase And Sale Form

An Indian law-compliant document that formalizes the transfer of ownership of goods, property, or assets from seller to purchaser.

find out more

Contract For Sale Of Commercial Property

A legally binding agreement for the sale and purchase of commercial property in India, compliant with Indian property laws and regulations.

find out more

Vacant Land Purchase And Sale Agreement

An Indian law-governed agreement for the sale and purchase of vacant land, detailing property transfer terms and statutory compliance requirements.

find out more

Sale Purchase Form

An Indian law-compliant document that formalizes the transfer of goods or property between seller and buyer, outlining key terms and conditions of the sale.

find out more

Horse Purchase And Sale Agreement

An Indian law-governed agreement for the sale and purchase of horses, detailing terms, conditions, and compliance with livestock trading regulations.

find out more

Sale Contract Agreement

An Indian law-compliant agreement documenting terms and conditions of sale between parties, including product details, pricing, and delivery terms.

find out more

Commercial Purchase Contract

A legally binding agreement under Indian law governing the commercial purchase of goods between businesses, including terms of sale, delivery, and payment.

find out more

Motorcycle Selling Agreement

An Indian law-governed agreement for motorcycle sale and purchase, ensuring compliant transfer of ownership and protecting both parties' interests.

find out more

Commercial Property Purchase Contract

An Indian law-governed agreement for the purchase and sale of commercial property, incorporating all essential elements required under Indian property legislation.

find out more

Buyer And Seller Agreement Form

An Indian law-governed agreement that establishes the terms and conditions for the sale of goods between a buyer and seller, ensuring legal compliance and protection for both parties.

find out more

Vacant Land Purchase Contract

An Indian law-governed agreement for the purchase and sale of vacant land, detailing property transfer terms, conditions, and compliance requirements.

find out more

Sale And Purchase Deed

An Indian legal document that transfers property ownership from seller to buyer, requiring mandatory registration under Indian property laws.

find out more

Letter Of Intent To Sell House

A preliminary document used in Indian property transactions expressing a buyer's intent to purchase a specific residential property, outlining key terms and conditions.

find out more

International Purchase Contract

An Indian law-governed contract template for international purchase transactions, ensuring compliance with both Indian and international trade regulations.

find out more

Asset Purchase Agreement Form

A legally binding agreement under Indian law that governs the sale and purchase of specific assets, including terms of transfer, warranties, and completion requirements.

find out more

Term Sheet For Sale Of Business

A preliminary document under Indian law outlining key terms and conditions for a proposed business sale or acquisition transaction.

find out more

Equipment Purchase And Sale Agreement

An Indian law-governed agreement establishing terms and conditions for equipment purchase and sale, including specifications, pricing, delivery, and warranties.

find out more

Purchase Agreement For Commercial Property

An Indian law-governed agreement documenting the sale and purchase of commercial property, including terms, conditions, and statutory compliance requirements.

find out more

Exclusive Seller Agreement

An Indian law-governed agreement establishing exclusive selling rights between a manufacturer and designated seller, defining territorial rights and mutual obligations.

find out more

Business Asset Purchase Agreement

An Indian law-governed agreement for the purchase and sale of business assets, detailing terms of transfer, price, and completion requirements.

find out more

Boat Purchase Agreement

An Indian law-governed agreement documenting the sale and purchase of a boat, including terms of sale, vessel specifications, and ownership transfer details.

find out more

Letter Of Intent To Buy Land

A preliminary document under Indian law expressing formal intent to purchase specific land property, outlining basic terms and conditions of the proposed transaction.

find out more

Letter Of Intent To Sell Business

An Indian law-governed preliminary document outlining the proposed terms and conditions for a business sale transaction, serving as a framework for final agreement negotiations.

find out more

Letter Of Intent To Buy Property

A preliminary document expressing intent to purchase property in India, outlining key terms and conditions of the proposed transaction.

find out more

Buy And Sell Contract

An Indian law-governed agreement detailing terms and conditions for the sale and purchase of goods or property between a seller and buyer.

find out more

Agreement For Sale And Purchase Of Shares

An Indian law-governed agreement documenting the terms and conditions for the sale and transfer of company shares between parties.

find out more

Addendum To Buy Sell Agreement

A legally binding modification to an existing Buy-Sell Agreement under Indian law, enabling parties to amend or supplement original contract terms.

find out more

Extension Addendum To Sale And Purchase Contract

An Indian law-governed document that extends the duration or deadlines of an existing Sale and Purchase Contract while maintaining other original terms.

find out more

Real Estate Purchase And Sale Agreement

An Indian law-governed agreement documenting the terms and conditions for the sale and purchase of real estate property between seller and purchaser.

find out more

Purchase Agreement For House

An Indian law-governed agreement documenting the legal transfer of residential property ownership from seller to purchaser, outlining sale terms and conditions.

find out more

For Sale By Owner Purchase Agreement

An Indian jurisdiction legal agreement for direct property sales between owners and buyers without real estate agent involvement.

find out more

Addendum To Agreement To Sell (Real Estate)

An Indian law-compliant document that modifies an existing real estate Agreement to Sell, incorporating changes to the original terms while maintaining its basic structure.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.