What are the grounds that justify the rescission of a share purchase agreement, and what defense might the other party raise regarding the conditions for enforcement?
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Radiif AI Legal Assistant
⚡ Quick Answer:
Grounds such as the breach of the obligation to transfer shares and amend the Articles of Association, and the resulting damage, justify a claim for the rescission of the share purchase agreement. The other party might raise a defense based on the existence of a suspensive condition stipulating the completion...
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