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Krishna Datta

Articles by Krishna Datta

Right Of First Refusal: A Contractual Restriction On Transfer Of Shares

Introduction Among various provisions of incorporating documents such as shareholder™s agreement in a corporation, an item will often appear labeled ROFR / Right of First Refusal. ROFR is a contractual right that obliges the selling shareholder not to sell its shares in the company to a third party without offering his shares to another party… Read More

Tags: Companies Act 1956Company Law BoardCorporationDelhi High CourtPre-emption rightRight of First RefusalROFRShareholders' agreement

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