Disclosure schedule wording and SPA clauses, FEMA defaults
A single format from the The Remediation Playbook, Old Defaults Found in Diligence pack. Share purchase / subscription agreement · to be settled by transaction counsel.
- 2 pages
- 31
- Word and PDF
- 16 September 2026
What it covers
- 1Disclosure schedule wording and SPA clauses, FEMA defaultsShare purchase / subscription agreement · to be settled by transaction counsel
Read the opening
The first part of the format, as it downloads. Blanks are highlighted.
Wording for the disclosure letter or schedule, and for the related covenant, condition and indemnity. Adapt party names and defined terms to the agreement. Where the transaction is a transfer between a person resident in India and a person resident outside India, keep any escrow, holdback, deferral and indemnity within Rule 9(6) of the FEM (Non-Debt Instruments) Rules 2019.
PART A — SPECIFIC DISCLOSURE AGAINST THE FOREIGN EXCHANGE WARRANTY
Disclosure [Disclosure number] — against Warranty [Warranty number] (Compliance with foreign exchange laws)
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