Union Of India vs M/S. Chenab Construction Joint Venture on 5 March, 2010
Author: Valmiki J.Mehta
Bench: Valmiki J.Mehta
* IN THE HIGH ... INDIA ...Petitioner
Through: Mr. Jagjit Singh, Advocate.
VERSUS
M/s. CHENAB CONSTRUCTION JOINT VENTURE ....Respondent
Through: Mr. Navin Chawla and Mr. Amit
Gupta, Advocates.
CORAM
Union Of India vs Chenab Construction Joint Venture on 9 February, 2022
Author: Sanjeev Narula
Bench: Sanjeev Narula
NEUTRAL CITATION NO: 2022/DHC/000821 ... UNION OF INDIA ..... Petitioner
Through: Mr. Himanshu Upadhyay, Advocate.
versus
CHENAB CONSTRUCTION JOINT VENTURE ..... Respondent
Through: Mr. Sandeep Sharma, Advocate with
Mr. Sarthak Mannan
shown to be Rs. 429.02 lacs.
Petitioner-M/s Chenab Construction Joint Venture
through its proprietor M/s K. K. Gupta responded to the
aforementioned ... considered for allotment
of road construction works or Gross Receipts of petitioner
Company alone viz Chenab Construction Joint Venture is to be
considered.
Paragraph
companies to dissolve joint venture, etc. It is relevant to mention
over here that the so-called joint venture agreement had been in
place only ... amount for relinquishing its ri9.~ in
the joint venture, just three days after the signing of joint
venture agreement.
15/09/05 Consequent to proposal
companies to dissolve joint venture, etc. It is relevant to mention
over here that the so-called joint venture agreement had been in
place only ... amount for relinquishing its ri9.~ in
the joint venture, just three days after the signing of joint
venture agreement.
15/09/05 Consequent to proposal
indicative of a joint venture, no single one of which is
controlling in determining whether a joint venture exists, are: (1) joint
ownership and control ... agreement' or a `joint-venture
agreement', is not however a `joint-venture'. There is a contract for
construction of an apartment
such agreements are truly joint ventures
in the legal sense.
x x x x x
25. An illustration of joint venture may be of some ... joint venture, if the agreement discloses an
intent that both parties shall exercise joint control over the
construction/development and be accountable to each other
Joint Venture.
According to the plaintiff, if the land was not so brought in, as an asset
of the Joint Venture, the defendant would have ... Member of this Joint Venture, the
plaintiff has an interest in the land as it is an asset of the Joint Venture
between the plaintiff
joint venture executed between Samant Estates (P) Ltd. and the assessee. It was contended on behalf of the assessee that the joint venture agreement clearly ... towards the joint venture agreement. This venture and the tow houses acquired by the assessee represent the share of profit from joint venture including investments
case of partners, joint ventures may be jointly and severally liable to third parties for the debts of the venture (see: American Jurisprudence, Second Edition ... internationally recognised in form of cooperation in the joint fulfilment of the construction contract obligations. Joint venture groups in the construction industry come about through
