Guided Master Marine Services Private Limited and Prudential Global Logistics Private Limited on their shareholder rights

by | Apr 30, 2025

Master Marine Services Private Limited (Master Marine) and Prudential Global Logistics Private Limited (Prudential Global) entered a shareholders’ agreement with Express Global Logistics Private Limited (Express Global) to define their rights and responsibilities in respect of their shareholding in Master Voss International Projects Private Limited, a privately held Indian company. Majmudar & Partners served as legal advisors, providing critical guidance on structuring the agreement to ensure compliance with Indian regulations and shareholder interests.

Majmudar & Partners’ Role in the Deal

Majmudar & Partners helped with structuring this transaction, ensuring that all aspects adhered to Indian legal requirements and corporate governance standards:

  • Shareholders’ Agreement: Drafted and finalized the shareholders’ agreement, addressing all necessary rights, obligations, and protections for Master Marine, Prudential Global and Express Global.
  • Regulatory Compliance: Advised on compliance with relevant Indian corporate laws to secure a legally sound framework for the joint venture.
  • Stakeholder Rights and Protections: Drafted tailored clauses to protect each shareholder, addressing nuances in dispute resolution, share transfer restrictions, and board representation.
  • Corporate Governance Advice: Advised on corporate governance practices to ensure alignment with industry standards and best practices for long-term operational success.

This shareholders’ agreement establishes a comprehensive governance framework for Master Voss International Projects Private Limited, ensuring the clear definition of rights for all stakeholders. Majmudar & Partners’ assistance ensured that the stakeholders navigate the regulatory landscape seamlessly, setting the stage for a successful partnership.

Majmudar & Partners specializes in structuring complex joint ventures and shareholder agreements, ensuring legal compliance and a balanced approach to stakeholder interests. Contact us to discuss how we can support your strategic objectives with expert legal counsel.

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