by Audit Analyst | Dec 12, 2025 | Joint Venture
Applicability of Environmental Laws All joint ventures involved in infrastructure, manufacturing, energy, mining, and similar sectors must comply with environmental laws in India. Key legislations include the Environment (Protection) Act, 1986, the Air (Prevention and...
by Audit Analyst | Dec 12, 2025 | Joint Venture
Preliminary Assessment Begin by identifying and shortlisting potential JV partners based on business needs. Assess strategic fit, market presence, technological capabilities, and reputation. Conduct background research through public records, websites, and third-party...
by Audit Analyst | Dec 12, 2025 | Joint Venture
Eligibility Under Startup India The JV must be registered as a private limited company, partnership firm, or LLP. It must have been incorporated in India within the last 10 years. The turnover must not have exceeded ₹100 crore in any previous financial year. The...
by Audit Analyst | Dec 12, 2025 | Joint Venture
Contractual Definition of Control In a joint venture, control is primarily defined through the JV agreement. It outlines decision-making powers, voting rights, and operational authority. Control may be joint (shared equally) or dominant (one party has overriding...
by Audit Analyst | Dec 12, 2025 | Joint Venture
Regulatory Framework Under the Competition Act, 2002 The Competition Act, 2002, governs anti-competitive practices, abuse of dominance, and combinations (mergers and acquisitions) in India. Joint ventures that qualify as “combinations” are subject to review by the...
