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Formation Agreement To Convert A Partnership Into A Limited Company

Category : Agreements Company Law

AGREEMENT is made at on this day of between Mr L s o residing at of the FIRST PART and Mr M s o residing at of the SECOND PART and Mr N s o residing at Of the THIRD PART as follows The Parties are carrying on business of dealing in electronic goods in partnership in terms of the deed of partnership entered by and between them in the name of M s LMN Co and the parties now propose to convert the said partnership into a public company limited by shares under the Companies Act 1956 on the following terms agreed upon between them NOW IT IS AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS 1 The Parties agree that they will form and register a public company limited by shares with a view to carry on the business carried on by them in partnership as aforesaid 2 The name of the company will be ABC Co Ltd subject to approval by the Registrar of Companies or such other name as will be app...