Best Law Firms for Joint Venture Internship in 2024

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What is Joint Venture law practice?

A Joint Venture is a contractual arrangement under which two or more companies undertake a business activity that is subject to joint control. A Joint venture can be in the nature of a contractual or a structural arrangement or both.Joint ventures can be broadly classified into the following categories:

  • Company or equity joint venture
  • Contractual joint venture
  • Partnership joint venture
  • Limited liability partnership joint venture

 

Joint ventures are governed by the legal frameworks applicable on the form and sector of the business:

  • Companies Act 2013 (Companies Act) in case of a company joint venture
  • Limited Liability Partnership Act 2008 in the case of an LLP
  • The Indian Contract Act 1872 in the case of contractual joint ventures
  • The Indian Partnership Act 1932 in the case of partnership joint ventures

 

In addition, the joint venture will have to comply with other laws such as:

  • Direct and Indirect Tax laws
  • Industrial Disputes Act 1947
  • Industry-specific laws
  • State specific laws
  • The Competition Act 2002
  • The Foreign Exchange Management Act 1999
  • the Minimum Wage Act 1948
  • The Sale of Goods Act 1930

 


Law firms with a Joint Venture legal and advisory practice also have to deal with regulatory authorities such as:

  • Reserve Bank of India (RBI)
  • Registrar of Companies (ROC), Ministry of Corporate Affairs
  • Securities and Exchange Board of India (SEBI)

 

The range of legal services in this practice are encompass the following:

  • Structuring and negotiating joint venture agreements, from incorporation to addressing related legal compliance
  • Providing advice on commercial, strategic, regulatory and tax aspects
  • Advising on entry of foreign companies into the Indian market
  • Advising on the appropriate methods of investment
  • Conducting due diligence and assisting in counterparty negotiations
  • Drafting documents including shareholder agreements
  • Advising on intellectual property rights, licensing, antitrust, tax and employment issues
  • Advising on IPO, takeovers and third-party sale; and other corporate actions

 

Best Law Firms for Joint Venture Practice Internship in 2024 for LLB Students

This list of best law firms is sorted in alphabetical order.


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Best Law Firms for Joint Venture Practice Internship LLB Students