[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-189931-105":3,"detail-sidebar-cat-1-en-105":80,"doc-detail-189931-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","joint-venture-agreement-legal-form-template","Joint Venture Agreement - Legal Form Template","","A joint venture agreement template defining how two or more entities combine to undertake a business or economic activity together. It outlines the parties’ intent to create a joint venture company, the project basis, and the governance and control framework. The form includes key corporate terms such as incorporation under the Companies Act, 2013, company name, capital structure, shareholding ratio, registered office, and related administrative and project-specific placeholders. 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Indian joint ventures usually comprise two or more individuals/companies, one of whom may be non-resident, who come together to form an Indian private/public limited company, holding agreed portions of its share capital.  A joint venture agreement primarily provides for the manner in which the shareholders of the joint venture company may transfer or dispose of their shares.  Joint ventures can exist in the form of companies, partnerships or joint working agreements.  Joint Venture generally has the following characteristics –\nContribution by partners of money, property, effort, knowledge, skill or other assets to the common undertaking.\nJoint property interest in the subject matter of the venture.\nRight of mutual control or management of the enterprise.\nRight to share in the property.\nA Joint Venture Agreement is a legal document where two or more entities combine to do business or undertake an economic activity together.  The parties agree to create a new entity by contributing equity and share the revenues, expenses and control of the enterprise in the proportion of their capital contribution.  The venture can be for one specific project only or for a continuing business relationship.\n\u000fDisclaimer – this legal form and document is for reference only. Any document that you enter into, should be in consultation with an Advocate or a Solicitor.  The Government will not be responsible for any claim arising out of the use of the following document.\nJoint Venture Agreement\nThis Joint Venture Agreement (hereinafter called “Agreement”) is entered on the ………… day of ………….., 20……\nBetween\nthe GOVERNOR OF TAMIL NADU represented by ....................(hereinafter called “THE GOVERNMENT”) which expression shall, wherever the context so admits, mean and includes, also his successors in office and assigns, of the First Part;\nAnd\n--------------------------------------------------------------- residing at -----------------------------(hereinafter referred to as the ”ABC”) which expression shall, wherever the context so admits, mean and includes, also his successors-in-title and assigns, of the Other Part;\nEach of the “Government” and the ABC are also referred to herein as a “Party” and collectively as “Parties”.\nWHEREAS the Government is engaged in business of …………………. and have the necessary experience and expertise in that field;\nAND WHEREAS the ABC are doing ………………………. and have the necessary experience and expertise in that field;\nAND WHEREAS the parties hereto have decided to float a project of ……………………………(hereinafter referred to as the “PROJECT”);\nAND WHEREAS the Government and ABC both having the necessary infrastructure and the capabilities of providing the services required for the project have agreed to form a Joint Venture Company for the project and Government and ABC are desirous of entering into an Agreement for constituting Joint Venture Company in terms hereof;\nAND WHEREAS the parties hereto for the said Project have decided to form a Joint Venture Company and whereas subject to all necessary consents, licences, permissions and authorities to be procured for the formation and incorporation of the joint venture Company in India, with the principle object, inter-alia, being that of ……………………….. ;\nAND WHEREAS the Government and ABC are desirous of recording the Agreement with regard thereto and the agreement arrived at between them;\nNow this Agreement Witnessth as follows :\nIt is agreed between the parties hereto to constitute a new Company which will be incorporated under the provisions of the Companies Act, 2013 (Central Act No. 18 of 2013) (hereinafter referred to as the “Said Act”) and the parties further agree that the said Company shall carry on its business in the name and style of “…………” or any other name as may be mutually agreed between","cbCaiuKjBEn1Ybtx","https://ap.wps.com/l/cbCaiuKjBEn1Ybtx","doc",98816,"English","# Joint Venture Agreement\n## Parties and Recitals\n## Incorporation and Company Structure\n## Capital, Shareholding, and Registered Office\n## Objectives and Governance","[{\"question\":\"What is the purpose of a joint venture agreement in this template?\",\"answer\":\"It records the parties’ decision to form a joint venture company and governs their relationship for undertaking the specified project and related services.\"},{\"question\":\"Under which law is the joint venture company to be incorporated?\",\"answer\":\"The template provides for incorporation under the Companies Act, 2013 (Central Act No. 18 of 2013).\"},{\"question\":\"How is the shareholding of the joint venture company determined?\",\"answer\":\"The agreement sets a shareholding ratio between the Government and ABC based on their subscribed portions of the authorized share capital.\"}]","Joint Venture Agreement - Legal Form Template | DOC",6]