During the inception of a start-up, several agreements are executed in order to safeguard every aspect of the functioning of the said company. One such fundamental agreement is a Shareholders’ Agreement (hereinafter referred to as “SHA”). SHA governs the arrangement among the company’s shareholders and lays down the parameters regarding the shareholders’ rights and obligations, duties, transfer and/or assignment rights, etc. Shareholders form an integral part of any company and it is pivotal to ensure that the shareholders are treated fairly and that their rights are duly protected. Thus, a SHA offers flexibility and certainty, and is frequently the most significant document for a company, especially when it comes to startups.