Contract
This query is : Resolved
25 April 2011
Hello,
I have some questions:
1. Can a contract be terminated without a termination clause? If yes what are the effects of such termination?
2. Once a shareholder sells shares does he have any rights or are rights transferred with the shares.
I would be grateful if these questions be answered Thank you
I have some questions:
1. Can a contract be terminated without a termination clause? If yes what are the effects of such termination?
2. Once a shareholder sells shares does he have any rights or are rights transferred with the shares.
I would be grateful if these questions be answered Thank you
CMA Ramesh Krishnan
(Expert)
25 April 2011
1. yes, can be termination in case any specific clause of contract not satisfied
2. No rights on that share once transfered
2. No rights on that share once transfered
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