Appendix C. Checklist for legal due diligence
Up-to-date constitutional document
Does the corporate vendor have power to sell its shares in target?
Are there any restrictions in target’s articles to the transfer of shares?
Details of the authorised and issued share capital
Details of shareholders (including capacity in which they hold shares and any dissenting or untraceable shareholders)
Shareholders agreements (if any)
Organisational chart identifying target’s group structure and current directors of each group entity
Options or encumbrances over target’s share capital?
Are any assets used by target owned otherwise than by target?
Are any of the target’s assets encumbered or other than in its possession?
Are any of the vendors ...