Opposite Party has submitted that the right of first refusal (hereinafter,
„ROFR') clause is most common term used in commercial contracts and that ... number of occasions have upheld the validity of pre-
emptive rights, including ROFR. It is further submitted that SGL requested
the Opposite Party to revise
Nafan B.V vs Saf Yeast Company Pvt.Ltd. And 7 Ors on 29 October
what is some time known as a right of first refusal (ROFR
clauses), is a classic restriction on transferability. He submitted that
Aswale
rights. That, the
minority shareholders/ investors had
participative and protective rights (including
RoFR/TARs, call and put options which provided
for exit) which flowed from
Lesaffre Et Cie vs Saf Yeast Company Pvt.Ltd. And 7 Ors on 29 October
M/S.Sharp And Tannan, Chartered ... vs Saf Yeast Company Pvt.Ltd. And 6 Ors
Arunachalam Muthu And 3 Ors vs Nafan B.V. And 4 Ors on 29 October
what is some time known as a right of first refusal (ROFR
clauses), is a classic restriction on transferability. He submitted that
Aswale