EDI Global, LLC, a US-based leader in advanced aeration and biological treatment solutions for wastewater management, sought to establish a joint venture in India with Sudhir Gupta, an Indian entrepreneur specializing in wastewater treatment technologies. Majmudar & Partners provided comprehensive legal assistance to facilitate this strategic partnership.

Facilitating the Transaction

Majmudar & Partners key contributions in the deal included:

• Joint Venture Structuring: Advised on the optimal structure for the joint venture, ensuring compliance with Indian foreign direct investment regulations and alignment with both parties’ business objectives.
• Regulatory Compliance: Guided the venture through the regulatory landscape, including obtaining necessary approvals from the Reserve Bank of India and adherence to the Foreign Exchange Management Act, 1999.
• Tax Advisory: Provided insights into the tax implications for the joint venture, including corporate taxation, transfer pricing, and potential benefits under applicable tax treaties.
• Drafting and Negotiating Agreements: Drafted and facilitated negotiations of key agreements, including the joint venture agreement and ancillary documents, ensuring clarity and enforceability.
• Intellectual Property Protection: Assisted in safeguarding proprietary technologies and processes by advising on intellectual property rights and strategies within the Indian legal framework.

The successful establishment of this joint venture enabled EDI Global, LLC to expand its footprint into the rapidly growing Indian wastewater treatment market. Majmudar & Partners’ expertise ensured that the joint venture was established on a strong legal and regulatory foundation.

Majmudar & Partners specializes in providing strategic legal advice to global companies entering the Indian market through joint ventures, acquisitions, or direct investments. Contact us today to explore how we can assist your business in successfully navigating India’s regulatory landscape.