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DELHI METRO RAIL CORPORATION LTD (A Joint venture of Govt. of India and Govt. of Delhi)The lifeline of Delhi. ADVT No. DMC/PEERS/22/HR/2018 (128) Dated: 13/06/2018 REQUIREMENT OF DEPUTY HEAD OF DEPARTMENT
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What is a joint venture of?
A joint venture is a business arrangement where two or more parties come together to undertake a specific project or business opportunity.
Who is required to file a joint venture of?
Parties involved in a joint venture are required to file a joint venture agreement.
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To fill out a joint venture agreement, parties must include details about the project, parties involved, roles and responsibilities, profit sharing, and termination clauses.
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The purpose of a joint venture is to combine resources, knowledge, and expertise of the parties involved to achieve a common goal or undertake a specific project.
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Information such as the names of parties involved, project details, profit sharing arrangements, and termination clauses must be reported on a joint venture agreement.
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