how can a joint venture be formed???
Dear Brinda,
The answer provided by Muskaan is correct and also you may refer to the below summarised points on the formation of the joint ventures.
The following are the ways in which a joint venture can be formed:
a. A foreign company and a local company can join hands to form a new business enterprise.
b. A foreign company can buy a portion of equity shares of a local company.
c. A local company can acquire a portion of equity in another existing local company.
The answer provided by Muskaan is correct and also you may refer to the below summarised points on the formation of the joint ventures.
The following are the ways in which a joint venture can be formed:
a. A foreign company and a local company can join hands to form a new business enterprise.
b. A foreign company can buy a portion of equity shares of a local company.
c. A local company can acquire a portion of equity in another existing local company.