What is Sale Purchase Agreement ?

What is Sale Purchase Agreement ?

A sales and purchase agreement (SPA) is a binding legal contract that obligates a buyer to buy and a seller to sell. The purchase agreement is a contract which outlines terms and conditions related to sale of shares on unlisted assets platform. This document has to be signed by both buyer and seller to execute a successful trade. 


Sale purchase Agreement includes:

  • Buyer & Seller Names 
  • Buyer and seller address and contact details 
  • Agreed purchase price.
  • Quantity 
  • Type of payment 
  • Terms & Conditions of the Trade.

    • Related Articles

    • How can you cancel the transaction ?

      Unlistedassets.com is a seamless platform which enables you to transact in unlisted stocks. The process of buying and selling is fairly simple, the process is executed online. but if the transaction needs to be cancelled it needs attention. There are ...

    • Capital Gain on Sale of Unlisted Shares?

      Unlisted Stock is not listed on any recognized stock exchange. Thus, the Company does not pay STT i.e., Securities Transaction Tax on such shares. Long Term Capital Gain (LTCG): If an investor sells an unlisted stock held for more than 24 months, ...

    • What is my tax liability If I trade in Unlisted Shares?

      Income/loss from Sale of equity shares is covered under the head ‘Capital Gains’ Under the head ‘Capital Gains’, income is further classified into: (i) Long term capital gains, or (ii) Short term capital gains. Short-term capital gains (STCG) If ...

    • What are the legal and compliance aspects of any transaction in unlisted shares?

      We conduct all transactions through a Buyer/Seller Agreement, be it offline or through our tech enabled platform. The transactions are also verified by a SEBI registered Trustee for accuracy and completeness in terms of verification of demat holding, ...

    • Will you help me to sell my shares?

      We facilitate, through our tech enabled platform, buy(s) and seller(s) to buy and sell their holdings in unlisted shares. In case any buyer or seller needs our services offline, we can provide the services of intermediary offline as well through our ...