Author
Partner at JSA
A robust deadlock resolution mechanism and exit strategies ensure that parties bear these provisions in mind while conducting themselves as shareholders/ partners, and act responsibly in the interest of the JV entity as well as their own writes Raj Ramchandran, Partner, JSA.
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De-risking the transaction from the perspective of the acquirer and the seller to achieve the objective becomes key when structuring such transactions writes Raj Ramachandran, Partner, JSA.
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If a partner’s contribution attracts tax, the manner in which the investment is structured could be significantly different as the contributing partner would require funds initially to meet the income tax liability. Devoid of such liability, partners would be free to structure the transaction as per their commercial negotiations.
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Dies non is commonly understood to mean a day on which no legal business can be done, or which does not count for legal purposes.
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