Shareholders right in joint venture

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Ankul Maheshwari (Querist)
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07 November 2011 Two entities are there A and B both are forming Joint venture called AB JV Company if equity shareholding ratio of company A and B in JV is 60:40 respectivily. What are the normal and special rights of company B which has 40% in JV and what difference compare to having 60% will come in front of Company B.
Please help me....

Best:
Ankul

RG - A Helping Hand

RG - A Helping Hand (Expert)
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21 November 2011 Friend,

In case of a JV everything is dependent on the JV Agreement. So I would suggest you to plz go through the JV Agreement.

RG

Ankul Maheshwari

Ankul Maheshwari (Querist)
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21 November 2011 Dear Richank,

I want to know as per company act. what extra or more power or special right company A (Which own 60% in JV) will be having in AB JV Company

Best:
Ankul

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Ankul Maheshwari

Ankul Maheshwari (Querist)
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22 November 2011 this JV is based on 60:40 shareholding and AB JV company is incorporated under company act, 1956.

please assist with some valuable answer