Unincorporated Joint Venture Agreement - India
Unincorporated Joint Venture Agreement for use in India.
This kit includes tools and guidelines to assist you in drafting an Unincorporated Joint Venture Agreement.
A Joint Venture Agreement is a legal document with which two or more entities can combine to do business or undertake an economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in 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 a continuing business relationship.
In India, joint venture contracts vary with respect to both the objective of the joint venture and its implementation. As a result, there exist two types of joint venture model contracts: the first in view of creating a company; the second in view of cooperation without creating a company. The model represented by the included form regulates cooperation between parties where no legal entity is created unlike an Incorporated Joint Venture Agreement.
Among others, this form includes the following key provisions:
A Joint Venture Agreement is a legal document with which two or more entities can combine to do business or undertake an economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in 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 a continuing business relationship.
In India, joint venture contracts vary with respect to both the objective of the joint venture and its implementation. As a result, there exist two types of joint venture model contracts: the first in view of creating a company; the second in view of cooperation without creating a company. The model represented by the included form regulates cooperation between parties where no legal entity is created unlike an Incorporated Joint Venture Agreement.
Among others, this form includes the following key provisions:
- Formation
- Name and Place
- Purpose
- Contributions and Responsibilities of Parties
- Distribution of Profits; Share of Losses; Expenses
- Return of Capital Contributions
- Intellectual Property
- Management Committee and Powers and duties of the Committee
- Description and Instructions for Unincorporated Joint Venture Agreement
- Unincorporated Joint Venture Agreement for use in India
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages12
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#33478
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.