Commentary

102 Ensuring consistency between the shareholders’ agreement and any subsidiary agreements

BUSINESSES vol 4(2) start-up, sale and purchase
| Commentary

102 Ensuring consistency between the shareholders’ agreement and any subsidiary agreements

| Commentary

102 Ensuring consistency between the shareholders’ agreement and any subsidiary agreements

The shareholders’ agreement is generally the most important element in the documentation relating to a private limited company. It is however likely to be only one of a network of agreements governing the parties’ relationship. Some of these agreements will deal with the financing of the company, for example loan and guarantee agreements. Others will deal with the provision of the essential assets which the company needs to carry out its business. Often some of the necessary assets will be provided by one or more of the shareholders in

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