banner_ad

Joint venture or sub contracting

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 September 2012 Dear Friends,

One of my clients – say Mr. A is going to start with Electrical and Plumbing work for building under construction.
Contract is between builder and Mr. A.
Now Mr. A wants to sub contract the labour job work to another contactor. Mr. B.
Query:
1. Whether Mr. A can go for Joint venture with Mr.B.
2. Or Sub contracting with B.
Basically I want to know difference between JV & sub contact.
Also suggest which more beneficial to Mr.A.
If possible list out the formalities / document require in query 1 & 2.

With best regards.
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
11 September 2012 when A and B come together and share the responsibility, it shall be called as JV. When A is responsible for the said contract and A gets the work done from B, it may be a sub contract
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details