Lawyer of Online Legal India can assist you to draft Joint Venture Agreement online. You don’t have to visit any office physically. + 2000 Joint Venture Agreements had been drafted so far.
A joint venture is basically a tactical partnership in which two or more than two companies or individuals decides to put in products, services and capital to establish a commercial project.
The main key for success in joint venture in India is the compatibility and understanding between the contracting parties.
The associated parties must aim for a goal together and the conditions must be written in the clauses of Joint Venture Agreement. This can maintain the success of the collaboration in Indian scenario.
The two options available for establishing a joint venture in India are:
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In most jurisdictions a Joint Venture Agreement is legally binding. It can be used in court for seeking damages if either party consents on the terms of the contract.