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Commentary

75.3 Impact on the drafting of a shareholders’ agreement

JOINT VENTURES vol 19(2)

75.3 Impact on the drafting of a shareholders’ agreement

| Commentary

Many of the restrictions in a typical corporate joint venture shareholders’ agreement, if applied to the company, would have the effect of fettering its statutory powers. One solution is to exclude the company altogether from participating in the shareholders’ agreement. If it is only the shareholders which enter into the

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