Would a joint venture be seen as a sublet of property?
akash
(Querist) 24 September 2013
This query is : Resolved
Hello Experts,
A partnership firm has a shop on lease. The lease doesn't allow subletting. Now this firm wants to enter into a joint venture where another company will be running its operations in the shop and giving this partnership firm a share of the revenue, but no rental.
Would this still be considered subletting, even if the other company is not giving a rental?
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