Legal Question in Business Law in

There are several ways to proceed in this regard.

1. You can sign a JV (Joint Venture) Deed with him or his company.

2. You can sign a MOU (Memorandum of Understanding) with that person or his company.

3. You can make him director of your company allowing him having certain rights and liabilities in the company.

4. You can sign a simple business contract with him sharing some percentage from the profit on his investment.

The more important thing is that if you settle time period, amount, payback period and other things with him before proceeding further then it will be helpful later for both of you. Also put the indemnity clause, revocation clause, etc in whatever you sign with him. For more you can email me at your convenience at [email protected]

Regards,

in this kind of situation instead of having a consultation on a public forum, you better engage a corporate lawyer. in this scenario Joint venture is not at all an option,and how to go about this contract, a large portion of information will come from both of the parties in order to have a smooth modus operandi. you can call me to discuss this during office hours.

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