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Q.Recovery of invested amount and agreement
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Q. Recovery of invested amount and agreement

Hi, I invested amount one of my friend's company in Nagpur(Maharastra) on Oct 2016 via payment mode cheaque and
few transaction done via online. I live in banglore. They had promised me that they will return profit amount in 15th of every month till
25 Months. initally , they gave me monthly profit amount for 4 months but now they are not giving any amount from 5 months
Even they promised me to give me agreement and but they did not give the same. Now they are saying that they will give
only prinicipal but they are not promising any exact date. Thay gave me false statement.
Please advise for legal action what can i take to get my invested amount?
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A. file a police complaint for fraud and also file a recovery suit.

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NILANJAN CHATTERJEE

Experience: 5 Year(s)

Responded 10 months ago

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A. you can file a suit for recovery of the amount given by you to them.
it would also be appropriate to file a police complaint against them stating all the facts and circumstances.

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Mohd Imran

Experience: 4 Year(s)

Responded 10 months ago

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A. U can file a civil suit for recovery of money.It will depend upon nature of transaction that criminal case can be registered or not.seek personal consultation for more appropriate advice by showing all relevant documents.

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Nirmal Chopra

Experience: 20 Year(s)

Responded 10 months ago

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Anonymous

Replied 10 months ago

Thanks sir for the response ..My location is Banglore..Let me know how can i proceed or contact in Banglore?

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Nirmal Chopra

Experience: 20 Year(s)

Replied 10 months ago

U can seek my services by way of legal opinion by sending documents online through Vidhikarya .rest is your choice

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