Share Selling Problem? Get Free Advice!

Questioner

I have sold my remaining shares in a company. The purchasing party agreed to this via email, but now suddenly wants to cancel the possible purchase. This is because he is now shielding himself with the fact that he knows too little about the company in which he has been a partner for 6 months. I have also sent his instructions to the notary regarding the purchase via email. (several emails to confirm the purchase and the instruction from his side but the notary) he can now cancel the purchase. We have also already informed our organization that he will become the full owner. Can he now cancel the purchase and what can I do about this. I now want the purchase to go ahead.

Lawyer

If an agreement has been reached, the purchasing party can only terminate the agreement with your permission. But even if no agreement has been reached, it may be that the negotiations have progressed so far that the purchasing party cannot withdraw without compensation for at least the costs incurred. Whether you are entitled to this depends so much on what exactly happened that it is not possible to answer this question here. I therefore advise you to contact a lawyer or attorney. If you wish, I would be happy to advise and assist you further in this matter.

Lawyer

A purchase is made by offer and acceptance. You (or the BV) have offered the shares at a certain price, this offer has been accepted by the buyer, so the purchase has been made. How this was further made (verbally, email, registered letter) is not important. One can only get out of this agreement in exceptional cases, such as error, default, etc. This is also not the case. You can therefore demand that the buyer fulfill the agreement.