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Joint Venture Agreements

Expert JV structuring and agreement drafting for strategic partnerships

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JV Deals
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What is a Joint Venture Agreement?

📌 Overview

A Joint Venture (JV) Agreement is a legal contract between two or more parties to collaborate on a specific business project or enterprise. HLAPL provides comprehensive JV structuring and agreement drafting services for domestic and international joint ventures.

✅ Key Services

JV agreement drafting, partnership structuring (Equity JV vs Contractual JV), cross-border JV compliance, FDI approvals, RBI compliance, governance and management setup, board composition, deadlock resolution mechanisms.

⚖️ Legal Framework

Joint ventures in India are governed by the Companies Act, 2013 (for incorporated JVs), Indian Contract Act, 1872 (for contractual JVs), FEMA regulations (for foreign JVs), and Competition Act, 2002 (for CCI approval).

Important FAQs

❓ What is the difference between Equity JV and Contractual JV?

Equity JV involves creating a separate legal entity (company) where parties hold shares. Contractual JV is a contractual arrangement without creating a separate entity, governed by the Indian Contract Act.

❓ What are key clauses in a JV agreement?

Purpose and scope, capital contribution, ownership structure, profit sharing, management rights, transfer restrictions, dispute resolution, exit strategy, and intellectual property rights management.

❓ Do cross-border JVs require RBI approval?

Yes, cross-border JVs involving foreign investment require RBI approval and FEMA compliance. HLAPL assists with FDI approvals and regulatory compliance.

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