Buyout by One Partner

• One partner purchases the shares or interest of the other
  
• Triggered by predefined conditions or mutual agreement
  
• Valuation methods are agreed upon in the JV agreement
  
• Enables continuity under a single owner
  
• Often used when goals or strategies diverge
  

Mutual Dissolution

• Both parties agree to terminate the joint venture
  
• Assets and liabilities are divided based on the agreement
  
• Operations are wound up, and legal registrations are cancelled
  
• Suitable for short-term or project-specific JVs
  
• Requires settlement of outstanding dues and liabilities
  

Third-Party Sale

• JV is sold to an external investor or company
  
• The entire business or partners’ stakes are transferred
  
• Valuation and buyer selection are key considerations
  
• Offers an exit when neither partner wishes to continue
  
• Often requires regulatory and board approvals
  

Initial Public Offering (IPO)

• JV is listed on a stock exchange to raise capital
  
• Allows partners to partially or fully exit over time
  
• Enhances visibility, valuation, and liquidity
  
• Requires compliance with SEBI and stock exchange norms
  
• Suitable for large-scale, long-term joint ventures
  

Call and Put Options

• One partner has the right to buy (call) or sell (put) shares
  
• Terms and timing are defined in the JV agreement
  
• Offers a structured and pre-agreed exit mechanism
  
• Minimizes conflict and ensures smooth transitions
  
• Often linked to performance, timeframes, or events
  

Deadlock Resolution Mechanisms

• Activated when partners cannot agree on major decisions
  
• May involve arbitration, buy-sell arrangements, or third-party mediation
  
• Prevents prolonged operational paralysis
  
• Exit is executed based on predetermined resolution terms
  

Ensures the joint venture remains functional or is terminated fairly