LEGAL ISSUES IN CORPORATE PARTERNSHIP AND JOINT VENTURE

AUTHOR – SAMRUDDHI HARSHAL SANT, STUDENT AT DECCAN EDUCATION SOCIETY, SHRI NAVALMAL FIRODIA LAW COLLEGE, PUNE

BEST CITATION – SAMRUDDHI HARSHAL SANT, LEGAL ISSUES IN CORPORATE PARTERNSHIP AND JOINT VENTURE, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 6 (3) OF 2026, PG. 559-570, APIS – 3920 – 0001 & ISSN – 2583-2344.

ABSTRCT

Catchy Opening Line: “As businesses increasingly join forces to stay ahead in today’s globalized market, the intricate dance of corporate partnerships and joint ventures raises critical legal questions that demand attention.Historical Background: Corporate partnerships and joint ventures have been a cornerstone of business growth since the 1970s, with landmark cases like IBM-RoLM (1981) and AT&T-NCR (1991) shaping the landscape. However, the rise of globalization, technological advancements, and complex regulatory frameworks have introduced new challenges.Present Status: Today, partnerships and joint ventures account for over 50% of global M&A activity. Despite their popularity, disputes over intellectual property, governance, and liability continue to plague these collaborations.Short Explanation: This research examines the legal issues arising from corporate partnerships and joint ventures,Research Problem: What are the key legal challenges faced by corporations engaging in partnerships and joint ventures, and how can these issues be effectively mitigated?Hypothesis: Effective contractual drafting, clear governance structures, and proactive dispute resolution mechanisms can significantly reduce the risk of legal disputes in corporate partnerships and joint ventures.Possible Reforms: Standardized contractual templates,enhanced regulatory guidance, Alternative dispute resolution mechanisms, Increased transparency and disclosureAims and Objectives Identify and analyse legal issues in corporate partnerships and joint ventures. Develop best practices for contractual drafting and governance Investigate the role of regulatory frameworks in shaping partnership dynamics Provide recommendations for reform and improvementContribute to the development of more effective and efficient partnership structures

Keywords: corporate partnerships, joint ventures, legal issues, contractual complexities, intellectual property, governance, dispute resolution.