Write notes on the following: Shareholders' agreements

Shareholders' agreements (SHA) are quite common in business. In India shareholder's agreement have gained popularity and currency only lately with bloom in newer forms of businesses. It is a contractual arrangement between the shareholders of a company describing how the company should be operated and the defining inter-se shareholders' rights and obligations. Shareholders' Agreements are the result of mutual understanding among the shareholders of a company to which, the company generally becomes a consenting party. Sometimes, they are also referred to as share purchase agreements or investment agreements.