we invested in another company we invested in another company

2 years ago

I have taken loan from the bank on my firm. And we invested in another company as a partner (Amount directly transferred to Seller from my bank). After 9 months they have asked to leave the company. I agreed for that. But i have asked form my share as per the profit and lose basis. But they did not agreed for that. They said they will give some little amount. I have not agreed for that. What i have to do now ?

Anik

Responded 2 years ago

View All Answers
A.Hi,
You can approach the court with the required documents. You are entitled to have a share in the profit of the company based on the amount you have invested or as per the stipulations in the contract deed.
Please rate my answer
Thank You
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Ayantika Mondal @ Prime Legal

Responded 2 years ago

A.Hi,
You can approach the court. You have right to get profits based on the amount you have invested or as per the conditions of the contract. If there is any breech, you can consult a lawyer and sue against the company.
Please rate my answer
Thank You
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconRegarding shared private road
Dear Sir, You may file a suit for permanent injunction and avoid interference or use of your private road by others.
question iconRedevelopment rent not paid 5 months and given possession dec 2023
Dear Sir, It is better to get issue a legal notice and proceed legally by filing a suit for recovery of such amount.
question iconAcceptability of an affidavit from a 1st class Judicial magistrate
Dear Client, An affidavit is a legal document that is used to state facts under oath. The affidavit should be made on a stamp paper of the appropriate value as per the state where the applicant reside...
question iconNeed advice to go for high court
Dear Client, After the lapse of 15 years from the date of the cause of action, your claim is now barred by law of limitation, and in the absence of any cogent grounds of delay in filing an appeal befo...
question iconFathers name correction in childs 10th CBSE marksheet
Revised CBSE Rules of correction/change in name/DoB are as under Dear Sir, The following link explains you how to change. http://cbse.nic.in/faq/revised_dob_name_corr_rules_2015.pdf Rules regarding Co...