Single format · FV07-X2-1

Transition services agreement, seller to buyer after a business transfer or share sale

A single format from the Transition Services Agreement pack. Indian Contract Act 1872 · CGST Act 2017 · s.393, Income-tax Act 2025 · DPDP Act 2023 · Arbitration and Conciliation Act 1996.

Length
19 pages
Blanks to fill
116
Files
Word and PDF
Law as at
30 October 2026
Last reviewed
30 October 2026

What it covers

  1. 1Transition services agreement, seller to buyer after a business transfer or share saleIndian Contract Act 1872 · CGST Act 2017 · s.393, Income-tax Act 2025 · DPDP Act 2023 · Arbitration and Conciliation Act 1996116 blanks

Not included

What you will still need outside this format:

  • The business transfer or share purchase agreement itself, and the transfer letters to employees.
  • Stamp duty on the agreement under the State Stamp Act, and a separate leave and licence where shared premises need one.
  • Consents from software vendors, landlords and insurers, which only they can give.
  • Transfer pricing benchmarking of the mark-up, and section 188 approvals, where the parties remain related.
  • A professional view on the SAC, GST rate and TDS serial number for each service on its facts.
  • A fresh data protection review when the DPDP Act obligations commence (notified for 13.05.2027).

Read the opening

The first part of the format, as it downloads. Blanks are highlighted.

For the transfer itself use the catalogue's "Business transfer as a going concern, recitals and operative clause, with the ITC-02 covering letter" or "Share purchase agreement, sale of a controlling stake in a private company, locked box with escrow"; for a long-term service use the "Outsourcing services agreement". The "Transition services schedule and migration tracker" is the working copy of Schedules 1, 4 and 5.

TRANSITION SERVICES AGREEMENT

THIS TRANSITION SERVICES AGREEMENT is made at [place of execution] on [Date of this Agreement].

Between

[Name of the Seller], a company incorporated under the Companies Act [2013 / 1956], having its registered office at [registered office address of the Seller], CIN [CIN of the Seller], PAN [PAN of the Seller], GSTIN [GSTIN of the Seller], acting through [name and designation of the Seller's signatory], authorised by a resolution of its Board of Directors dated [date of the Seller's board resolution] (the "Seller"), of the ONE PART;

And

82 more paragraphs and tables follow in the full format.

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