This Cross-Border Joint Venture and Strategic Alliance Guide (India) discusses relevant law and practice related to the formation and operation of cross-border joint ventures, including corporate and contractual joint ventures, in India. For other jurisdictions see the Cross-Border Joint Venture and Strategic Alliance Resource Kit.
Structures
What are the standard forms of joint ventures / strategic alliances and common features of each?
A joint venture is the coming together of two or more persons or entities to achieve a common goal or objective whereby the persons or entities contribute their share of capital or assets or make other contributions and agree to share the risks and rewards of that venture. The joint venture partners agree on achieving a common goal and their rights, roles, and responsibilities with respect to the joint venture.
Please refer to the below document to read the full publication by Lalit Kumar, published in Lexis Nexis.
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Lalit is a corporate commercial, M&A and private equity lawyer with a vast experience of twenty-two years. He has successfully led large and complex transactions for Indian and global corporations.