A Shareholder / Partnership Agreement is a legally binding document that defines the rights, obligations, and responsibilities of the co-owners of a business. In India, it is crucial for startups, SMEs, and established businesses where more than one person is involved in ownership and decision-making.

This agreement ensures clarity in profit-sharing, voting rights, management roles, and exit policies. By having it in place, entrepreneurs can prevent misunderstandings, secure their investments, and maintain smooth business operations. It’s not just a formality but a safeguard for long-term success.