Rescission Stock Purchase Agreement

From a legal point of view, termination relates to the cancellation or cancellation of a contract which has the legal effect of exempting the contracting parties from any other obligation between them and of putting them back in the relative positions that they would have maintained without the conclusion of a contract. The termination of a contract may be effected by mutual agreement between the parties, one of the parties without the agreement of the other party (if there are sufficient grounds) or an application for annulment to a court. Termination of a share transfer agreement or a company after the conclusion is rare and, given the singularity of this case, namely that the misrepresentation was revealed within hours of the conclusion of the contract and the right of withdrawal was exercised in a week, it is unlikely that this will change.. . .