Joint ownership means that two or more co-owners have the same rights and assume the same responsibilities and obligations for the same property.
According to the above definition, the two men who partnered to start a company, with one in charge of operation and the other in charge of development, and made it clear in writing before the partnership that they jointly owned the company, but in the event of bankruptcy and debt, the developer is not responsible for paying the debt can be considered as joint ownership.