The Share Transfer Agreement Private Company is a crucial legal instrument used in Nigerian business transactions when ownership of shares in a private company needs to be transferred from one party to another. This document becomes necessary whenever there is a sale, gift, or other transfer of private company shares, ensuring compliance with the Companies and Allied Matters Act (CAMA) 2020 and other relevant Nigerian legislation. The agreement serves to protect both parties' interests by clearly documenting the terms of transfer, including share valuation, payment terms, warranties, and representations. It also addresses important regulatory requirements such as stamp duty obligations, corporate approvals, and updating of the company's register of members. This document is particularly important in the Nigerian context where private companies must maintain strict control over share transfers and ensure compliance with local corporate governance requirements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of the Transferor(s) and Transferee(s), including full legal names and addresses
2. Background: Context of the transfer, including company details and reason for transfer
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Agreement to Transfer: Core agreement to transfer the shares and specification of the shares being transferred
5. Consideration: Details of the purchase price and payment terms
6. Completion: Timing and mechanics of the transfer completion, including actions required
7. Transferor's Warranties: Standard warranties regarding ownership, authority to sell, and status of shares
8. Transferee's Warranties: Warranties from the transferee regarding authority and capacity to purchase
9. Company Requirements: Compliance with company's articles and CAMA 2020 requirements
10. Tax Matters: Provisions relating to stamp duty and capital gains tax
11. Confidentiality: Obligations regarding confidentiality of the transaction
12. Notices: Process for giving formal notices under the agreement
13. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, etc.
1. Pre-emption Rights Waiver: Required if other shareholders have pre-emption rights that need to be waived
2. Board Approval: Required if board approval is specifically needed under the company's articles
3. Regulatory Approvals: Required if the transfer needs specific regulatory approvals
4. Security Interest Release: Required if the shares are subject to any security interests that need to be released
5. Non-competition: Optional restrictions on transferor's future business activities
6. Outstanding Dividends: Required if there are any dividend entitlements to be addressed
7. Power of Attorney: Optional clause giving power to complete necessary registration formalities
1. Share Details: Detailed description of shares being transferred including share certificate numbers
2. Completion Requirements: Checklist of documents and actions required for completion
3. Form of Transfer Instrument: Standard share transfer form as required by CAMA
4. Company Information: Details of the company whose shares are being transferred
5. Warranties: Detailed warranties given by the transferor
6. Board Resolution: Form of board resolution approving the transfer
7. Payment Details: Bank account and payment mechanism details
Find the exact document you need
Share Transfer Deed Form
A legal document under Nigerian law that facilitates and records the transfer of company shares from a seller to a buyer.
Download
Form For Share Transfer In A Private Limited Company
A legally compliant form for transferring shares in private limited companies under Nigerian law, meeting CAMA 2020 requirements and CAC regulations.
Download
Share Transfer Form Private Company
A legally binding document used in Nigeria for transferring ownership of shares in a private company, compliant with CAMA 2020 requirements.
Download
Share Transfer Agreement Between Individuals
A Nigerian law-governed agreement for transferring shares between individual shareholders, ensuring compliance with CAMA 2020 and protecting both parties' interests.
Download
Physical Share Transfer Form
A legal form used in Nigeria for transferring physical shares between parties, compliant with CAMA 2020 requirements.
Download
Shareholder Transfer Form
A Nigerian law-compliant document that formally records and executes the transfer of shares between a current shareholder and a new shareholder.
Download
Share Transfer Agreement Private Company
A Nigerian law-governed agreement facilitating the transfer of shares between parties in a private company, ensuring compliance with CAMA 2020 and related regulations.
Download
Dematerialization Form
A Nigerian regulatory document used to convert physical share certificates into electronic format in compliance with SEC and CSCS requirements.
Download
Stock Transfer Certificate
A Nigerian law-compliant document that evidences and effects the legal transfer of shares from one party to another, including share details and consideration.
Download
Transfer Of Stock Ownership Form
A legal form compliant with Nigerian law (CAMA 2020) for documenting and executing the transfer of shares between parties.
Download
Sale Of Shares Form
A Nigerian law-governed agreement documenting the sale and transfer of company shares between parties, ensuring compliance with CAMA 2020 and relevant regulations.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)